Cyberwar NK Crime Terrorism (NK)

Top NSA official attributes attempted $1B bank heist to North Korean hackers

The story of the Bangladesh Bank/SWIFT heist has gotten much more interesting of late. Now, not only do we have a senior U.S. intelligence official attributing it to a government, we learn that the North Koreans tried to steal nearly …. A senior National Security Agency official appeared to confirm that North Korean computer hackers were behind a multi-million …

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Cyberwar Money Laundering NK Crime U.S. Law

N. Korea, Lazarus & SWIFT: Are the white hats closing in? (Update: SWIFT cuts off remaining N. Korean banks)

In the last month, major news stories about North Korea have bombarded my batting cage faster than I’ve been able to swing at them. I’d wondered when I’d have a chance to cover Katy Burne’s detailed story in the Wall Street Journal about the empty half of the SWIFT glass — that despite its recent …

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Money Laundering NK Crime Sanctions

Global wave of bank burglaries should revive calls to kick N. Korea out of SWIFT

In recent weeks, I’ve watched with keen interest, and some schadenfreude, as news reports have implicated Pakistani and North Korean hackers in a series of massive bank burglaries involving as many as 12 banks around the world, starting with the theft of $81 million (or $101 million, depending on which report you believe) from the Bangladesh …

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Capitalism Human Trafficking NK Crime

In North Korea, prostitution used to be a survival strategy. Now, it’s just another racket.

The Great Famine of the 1990s changed North Korean society so profoundly that we are still trying to understand the breadth and depth of that change. During and after the famine, millions of North Koreans grasped at any survival strategy necessary to feed themselves. Those who did not change, and whom the state did not feed, died. For thousands of North Korean women, prostitution …

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Money Laundering NK Crime Sanctions

MUST READ: WSJ on Bureau 39 and North Korean money laundering, post-BDA

The Obama Administration has never talked much, or done much, about North Korean money laundering. There is a tendency to assume that a problem that isn’t discussed isn’t a problem at all, but The Wall Street Journal‘s Alastair Gale has just interviewed some senior defectors with inside knowledge of North Korea’s money laundering, and the product of …

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Counterfeiting Money Laundering NK Crime NK Economics Proliferation Sanctions

Plan B Watch: Einhorn Goes to Tokyo, Pressure Builds on China

The latest reports in the Korean press tell us that the President will soon sign an over-arching executive order that will subsume the authorities of Executive Order 13,382 (see sidebars), and will also allow the blocking of assets used for proliferation, drug trafficking, and currency counterfeiting: In a press briefing on Monday, Department spokesman Philip …

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Anju Links NK Crime

1 July 2010

Congratulations to Barbara Demick, whose wonderful book, “Nothing to Envy,” has just won Britain’s Samuel Johnson Prize for non-fiction. _______________________ Closets Are for Clothes! Yonhap: “N. Korean leader makes robust outings amid tension with S. Korea” _______________________ The aid NGO Caritas claims that North Koreans will suffer from donor fatigue. I think donor fatigue has …

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NK Crime

That’ll Teach ‘Em!

Those two North Korean diplomats caught smuggling cigarettes into Sweden (married to each other, apparently) will have to endure eight long months of regular meals, unlimited electricity, first-world medical care, and the freedom to read or say pretty much anything.

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Counterfeiting Money Laundering NK Crime Sanctions

A North Korean Connection to Those Counterfeit Bonds?

It’s very short on specifics, but it’s the first published report affirmatively linking those fake bonds to North Korea: An Italian newspaper reports a recent mysterious case involving US$134.5 billion worth of counterfeit bonds has a North Korea connection. Earlier this month two Japanese nationals were caught in Italy allegedly trying to smuggle the bonds …

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"United" Nations China Counterfeiting Money Laundering NK Crime NK Economics Proliferation Sanctions U.S. Politics

Obama Gears Up for “Plan B;” John Kerry Blocks Terror Re-Listing

I really don’t know what to make of this.  A young, inexperienced president, one whom the North Koreans arguably endorsed, comes into office showing every sign of being easier meat than Lance Bass in Riker’s Island.  The North Koreans, true to Joe Biden’s prophetic gaffe, and with their exquisite sensitivity to American weakness, don’t even …

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