Summary of Geoff White's The Lazarus Heist

By IRB Media

Please note: This is a companion version & not the original book. Book Preview:

#1 The men were recruited to hit as many ATMs as possible in the Indian city of Kolhapur, and they did. By 10 p. m. , the operation was over. They handed the cash to their bosses and pocketed their share. They were paid up to $500.

#2 The Lazarus Group, a hacking unit, is believed to be behind the August heist. They have co-ordinated attacks on international banking systems with breath-taking efficiency. North Korea’s government hackers have become some of the most effective and dangerous on the planet.

#3 North Korea’s financial situation has become increasingly dire since the 1990s, when the country began developing nuclear weapons. The country has little chance of making money legitimately, so it has turned to crime to fund itself.

#4 The hackers accessed the bank’s ATM withdrawals system, and began to send staccato messages across the globe to make sure that the right person was getting the right amount of money. This system is the reason why you can visit any ATM in the world and receive cash, even if the ATM isn’t run by the bank where you have your account.

• Language: English
• Publisher: IRB Media
• Release date: Jul 17, 2022
• ISBN: 9798822547261

IRB Media

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Book preview

Insights on Geoff White's The Lazarus Heist

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 5

Insights from Chapter 6

Insights from Chapter 7

Insights from Chapter 8

Insights from Chapter 9

Insights from Chapter 10

Insights from Chapter 11

Insights from Chapter 12

Insights from Chapter 13

Insights from Chapter 14

Insights from Chapter 15

Insights from Chapter 1

#1

The men were recruited to hit as many ATMs as possible in the Indian city of Kolhapur, and they did. By 10 p. m. , the operation was over. They handed the cash to their bosses and pocketed their share. They were paid up to $500.

#2

The Lazarus Group, a hacking unit, is believed to be behind the August heist. They have co-ordinated attacks on international banking systems with breath-taking efficiency. North Korea’s government hackers have become some of the most effective and dangerous on the planet.

#3

North Korea’s financial situation has become increasingly dire since the 1990s, when the country began developing nuclear weapons. The country has little chance of making money legitimately, so it has turned to crime to fund itself.

#4

The hackers accessed the bank’s ATM withdrawals system, and began to send staccato messages across the globe to make sure that the right person was getting the right amount of money. This system is the reason why you can visit any ATM in the world and receive cash, even if the ATM isn’t run by the bank where you have your account.

#5

The hackers accessed the bank’s computer systems and changed the software to allow for unlimited withdrawals. They then created bank cards for each of the 450 accounts they had chosen, and attached them to the accounts. The most sensitive information on the cards is held on the black stripe on the back, which is scanned as it’s pushed into the cashpoint slot.

#6

To create a bank card that’s readable by an ATM, all you need is a blank card with a magnetic stripe on the back and a