North Korean Cyber-Criminals Will Be Back

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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nokThe New York Times points out that law enforcement officials across the world are still puzzled by the source of the cyber-attacks that shut down or slowed down websites in South Korea and the US.

Most experts have pointed a finger at North Korea, which is facing global sanctions due to its missile tests. The nation is also facing acute shortages of food and a transition of its leadership.

The trouble is that, despite the great sophistication of internet investigation technologies in the US. no one has been able to find the source of the attacks. To make matters worse, no one is certain how to protect against them, which means that they will happen again.

The attacks on Asian and American websites were remarkably successful. The Internet has become such an important part of business operations around the world and the consumer’s access to information and entertainment that any action that shuts down critical parts of that system has the opportunity to be devastating, particularly if the attack can repeated over the course of several days. Damaging the functions of part of the Internet even has the chance of hurting major businesses and the government. Access to federal websites is critical to everything from retrieving SEC documents to registering for federal health and service benefits.

Whether the attackers are from North Korea,  if they have vicious intent their actions can be repeated many times.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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