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 Bank’s account in the U.S. Federal Reserve. These burglaries did not involve guns or ski masks. They were something more like armored car burglaries,...