Hello, welcome back to Emlex's weekly podcast covering the big regulatory stories of the week.

My name is James Panicki, and it's great to have your company again.

Now, say you're an international hacker

snooping around banks in the hope of scoring a major heist, which banks are likely to provide

you with the easiest target and what do you do with the cash once you've got it? Now, these are

obviously hypotheticals, please don't try this at home. Yet the story of a major

North Korean-based hacking operation has prompted lenders around the world to review their

operations and to set up safeguards to make sure there is no repeat of the events that sparked

massive losses. And on our special anti-bribery and corruption edition of the podcast,

we also travel to Japan to see how the 500.com online gambling bribery scandal is rocking

the country's political scene. It's a complex story that tells us something about Japan's

very cautious approach to the gambling industry.

That's in just over 10 minutes time.

First up, though, the North Korean hacking heist that has prompted a conversation about the

security of financial institutions and how the proceeds of such crimes get laundered.

It's an amazing story of long-term surveillance, offline printers,

and inadequate internal processes. Robert Thomason is an M-lex reporter based in Washington, D.C.

He has written about the case, and he joins me now. Okay, Robert, could you firstly give me an

overview of what these cases are all about?

Okay, they stem from a very extensive North Korean hacking operation that was carried out by

intelligence agency of the North Korean government.

The entire scheme included things like ransomware and extortion and

...