Turkey’s financial system has been targeted by a North Korea based cybercrime group named “Hidden Cobra” according to computer security firm McAfee Inc.
The first target was a major government-controlled financial organization, the report said without naming the institution. “It next appeared in another Turkish government organization involved in finance and trade. A further three large financial institutions in Turkey were victims of this attack,” according to a report published by McAfee on Thursday.
This is not the first cyber attack against Turkish financial institutions as Akbank TAS, the country’s second-largest private lender by market value, was a victim of a similar attack through the SWIFT global money transfer network in late 2016.