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North Korea sanctions

On August 6, 2017, the United Nations Security Council imposed sanctions on North Korea that could see the reclusive state's US$3 billion annual export revenue drop by a third. The sanctions, which banned North Korean exports of coal, iron, iron ore, lead, lead ore and seafood, were aimed to punishing Pyongyang over its two intercontinential ballistic missile tests. Countries were also prohibited from hiring additional North Korean labourers. 

North Korean hackers are thought to have been behind attacks on Bangladesh’s central bank as well as other financial institutions. Photo: Reuters

North Korea blamed for cyberattack on Taiwanese bank

BAE Systems, the defence and security firm, said on Monday that it believed the North Korean Lazarus hacking group was likely to have been responsible for a recent cyber heist in Taiwan, the latest in a string of hacks targeting the global Swift messaging system.

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