North Korean hackers are suspected of masterminding the attempt to steal $170m from the Union Bank of India in July 2015, according to investigators looking into the case. The attack was carried out by a group calling itself “Lazarus Group”, which is believed to be based on China, and it targeted banks across India, including state-run Indian banks. Hackers attempted to transfer funds from the Union Bank of India's New York account to various other accounts across the world, but an employee detected the robbery before the money was released, according to the Wall Street Journal.
North Korean hackers are suspected of masterminding the attempt to steal $170m from the Union Bank of India in July 2015, according to investigators looking into the case. The attempted theft shares similarities with the Bangladesh Bank hack, which allegedly saw North Korea's Lazarus hacking group walk away with $81m. Hackers attempted to transfer funds from the Union Bank of India's New York account to various other accounts across the world, but an employee detected the robbery before the money was released, according to the Wall Street Journal.