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North Koreans piloted Bank of Valletta heist with Nigerian social media influencer


North Koreans piloted Bank of Valletta heist with Nigerian social media influencer
North Korean programmers who hacked Sony Entertainment over “The Interview” movie, accused of being behind Bank of Valletta heist in 2019
20 February 2021, 1:31pm
by Matthew Vella
The Nigerian social media influencer behind the multi-million cyberattack on Bank of Valletta in February 2019, was part of a “North Korean-perpetrated cyber-enabled heist from a Maltese bank” according to the United States Department of Justice.
Ramoni Igbalode Abbas, aka “Hushpuppi”, had amassed 2.4 million followers on Instagram flaunting luxury cars, designer clothing, and private jets, when he was accused of having conspired to “launder funds intended to be stolen through fraudulent wire transfers from a foreign financial institution, in which fraudulent wire transfers, totalling approximately €13 million were sent to bank accounts around the world in February 2019.” ....

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North Korean hackers charged in US with €13 million Bank of Valletta heist


Three hackers from a North Korean cyber intelligence agency have been charged in the US with masterminding a €13million heist on Bank of Valletta.  
The US Justice Department unsealed a federal indictment on Wednesday, charging three North Korean computer programmers with participating in a wide-ranging criminal conspiracy to conduct a series of cyberattacks. 
The group stole and extorted more than $1.3 billion (€1.07 billion) of money and cryptocurrency from financial institutions and companies across the globe, including BOV.  
Hackers posed as the French stock market regulator to break into BOV’s IT systems and walk away with millions of euros in 2019.  
In May of 2019 the bank said it had recovered €10 million of the stolen funds. ....

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