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Kim Jong-un. Photo: AFP / Getty Images

Hidden Cobra, a North Korean cybercrime group, is suspected of launching a malware attack on Turkey’s financial system, according to the McAfee Advanced Threat Research team. The attack shows similarities to the attack on the global financial network, SWIFT, according to code analysis.

Why it matters: The attacks show a continued interest by North Korea in cyber attacks for financial game, such as the WannaCry attack and one on cryptocurrency exchanges.

The attack:

  • The first hack is believed to have targeted a government-controlled financial institution through malware called Bankshot.
  • Then the hack appeared in a government institution involved in finance and trade.
  • Then it reportedly hit three other financial institutions.

Up next: "This campaign suggests the attackers may plan a future heist against these targets by using Bankshot to gather information," per McAfee.

Go deeper: How cryptocurrencies are being used to evade sanctionsTop cyber powers in the world

Go deeper

Ina Fried, author of Login
4 mins ago - Technology

Tech's race problem is all about power

Illustration: Eniola Odetunde/Axios

As problematic as the tech industry's diversity statistics are, activists say the focus on those numbers overlooks a more fundamental problem — one less about numbers than about power.

What they're saying: In tech, they argue, decision-making power remains largely concentrated in the hands of white men. The result is an industry whose products and working conditions belie the industry rhetoric about changing the world for the better.

Mayors fear long-lasting effects of COVID-19

Data: Menino Survey of Mayors; Chart: Axios Visuals

U.S. mayors tend to be an optimistic bunch, but a poll released Thursday finds them unusually pessimistic about prospects for post-pandemic recovery.

Why it matters: In a survey of mayors of 130 U.S. cities with more than 75,000 residents, 80% expect racial health disparities to widen, and an alarming number predict that schools, transit systems and small businesses will continue to suffer through 2021 and beyond.

Coronavirus hospitalizations top 100,000 for the first time

Expand chart
Data: The COVID Tracking ProjectHarvard Global Health Institute; Cartogram: Danielle Alberti and Andrew Witherspoon/Axios

More than 100,000 Americans are now in the hospital with coronavirus infections — a new record, an indication that the pandemic is continuing to get worse and a reminder that the virus is still very dangerous.

Why it matters: Hospitalizations are a way to measure severe illnesses — and severe illnesses are on the rise across the U.S. In some areas, health systems and health care workers are already overwhelmed, and outbreaks are only getting worse.