December 09, 2023

Five people indicted after 10-year investigation into North Korean bank hack

Defendants met DPRK agent in 2011 and received instructions to collect secret information, South Korean prosecutors say

Prosecutors have brought charges against five additional people they say colluded with North Korean spies and cyber criminals to hack the computer network of Nonghyup, South Korea’s one of the biggest financial and banking firms.

Seoul Central District Prosecutors’ Office indicted the last one of the five defendants on Tuesday but did not arrest the person. Three others were indicted and arrested between November and December last year, while one other person was indicted in June 2021, also without detention.