People watch a television news broadcast showing file footage of North Korean leader Kim Jong Un, at a railway station in Seoul on April 14, 2020. AFP
People watch a television news broadcast showing file footage of North Korean leader Kim Jong Un, at a railway station in Seoul on April 14, 2020. AFP
People watch a television news broadcast showing file footage of North Korean leader Kim Jong Un, at a railway station in Seoul on April 14, 2020. AFP
People watch a television news broadcast showing file footage of North Korean leader Kim Jong Un, at a railway station in Seoul on April 14, 2020. AFP

North Korea hacking threatens global financial system, US says


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US government officials warned on Wednesday about the threat of North Korean hackers, calling particular attention to banking and other finance.

The reason for the advisory – which was jointly issued by the US Departments of State, Treasury, and Homeland Security, and the Federal Bureau of Investigation – was unclear.

North Korean hackers have long been accused of targeting financial institutions, and the content of the warning appeared to draw on material already in the public domain.

Requests for comment sent to the US agencies were not immediately returned. The North Korean mission to the United Nations in New York did not immediately respond to a request for comment.

North Korea is alleged to be behind an ambitious, years-long campaign of digital theft, including siphoning tens of millions of dollars in cash from ATMs, carrying out gigantic thefts at major banks, extorting computer users worldwide, and hijacking digital currency exchanges. The global money-grab has been a topic of increasing international concern.

Last year, for example, a UN report said that North Korea had generated an estimated $2 billion for its weapons of mass destruction programs using "widespread and increasingly sophisticated" hacking efforts.

In Wednesday's advisory, US officials said North Korea's online activities "threaten the United States and countries around the world and, in particular, pose a significant threat to the integrity and stability of the international financial system."

Across the Korean peninsula on Wednesday, Pyongyang's arch-rival South Korea held a parliamentary election despite the coronavirus crisis.

In a surprisingly high turnout, millions of South Korean voters wore masks and moved slowly between lines of tape at polling stations to elect MPs.

The government resisted calls to postpone the parliamentary elections billed as a midterm referendum on President Moon Jae-in, who enters the final two years of his single five-year term grappling with a historic public health crisis that is unleashing massive economic shock.

While South Korea's electorate is deeply divided along ideological and generational lines and regional loyalties, recent surveys showed growing support for Moon and his liberal party, reflecting the public's approval of an aggressive test-and-quarantine program so far credited for lower fatality rates for the coronavirus compared to China, Europe and North America.

RESULTS
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The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

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Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

AndhaDhun

Director: Sriram Raghavan

Producer: Matchbox Pictures, Viacom18

Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan

Rating: 3.5/5

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
England v West Indies

England squad for the first Test Cook, Stoneman, Westley, Root (captain), Malan, Stokes, Bairstow, Moeen, Roland-Jones, Broad, Anderson, Woakes, Crane

Fixtures

1st Test Aug 17-21, Edgbaston

2nd Test Aug 25-29, Headingley

3rd Test Sep 7-11, Lord's

PRISCILLA
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Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

Inside%20Out%202
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WHEN TO GO:

September to November or March to May; this is when visitors are most likely to see what they’ve come for.

WHERE TO STAY:

Meghauli Serai, A Taj Safari - Chitwan National Park resort (tajhotels.com) is a one-hour drive from Bharatpur Airport with stays costing from Dh1,396 per night, including taxes and breakfast. Return airport transfers cost from Dh661.

HOW TO GET THERE:

Etihad Airways regularly flies from Abu Dhabi to Kathmandu from around Dh1,500 per person return, including taxes. Buddha Air (buddhaair.com) and Yeti Airlines (yetiairlines.com) fly from Kathmandu to Bharatpur several times a day from about Dh660 return and the flight takes just 20 minutes. Driving is possible but the roads are hilly which means it will take you five or six hours to travel 148 kilometres.

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Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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57%20Seconds
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23-man shortlist for next six Hall of Fame inductees

Tony Adams, David Beckham, Dennis Bergkamp, Sol Campbell, Eric Cantona, Andrew Cole, Ashley Cole, Didier Drogba, Les Ferdinand, Rio Ferdinand, Robbie Fowler, Steven Gerrard, Roy Keane, Frank Lampard, Matt Le Tissier, Michael Owen, Peter Schmeichel, Paul Scholes, John Terry, Robin van Persie, Nemanja Vidic, Patrick Viera, Ian Wright.

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet