August 10 –  A high alert has been issued in Nepal fearing that North Korea might launch cyber attacks against the country.

Banks and financial institutes in Nepal have been altered to this effect after North Korea is reported to have stolen money from various banks in foreign countries by hacking pin codes, of late.

According to confidential report of the United Nations, North Korea has accumulated around US$ 2 billion for weapons through high-profile cyber attacks.

A high alert has been issued to especially banks and financial institutes in Nepal to preempt such cyber attacks, said officials.

According to a Nepal Police official, a group of North Korean hackers had stolen Rs 40 million from a Nepali bank by hacking pin codes in 2017.

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