President Barack Obama has given the Department of the Treasury the authority to impose new sanctions on the government and economy of North Korea for its role in a devastating cyber attack on Sony Pictures Entertainment.
The revelation casts doubt over North Korea's role in the hack as Lizard Squad members are based in Europe.
Microsoft's Xbox Live has been restored while Sony's PlayStation Network remains offline for second day after the services were compromised. A hacker group had claimed the responsibility for attacking the both gaming services.
North Korea's network is witnessing a denial of service attack which may be US's counteraction to the Sony hack.
The government of North Korea has refuted the Federal Bureau of Investigation's finding that North Korea was behind the devastating hack of Sony Pictures Entertainment and has a proposed a joint US-North Korean investigation to determine who was responsible.
The Federal Bureau of Investigation has confirmed that North Korea was behind the hack of Sony Pictures and threats which led to the cancellation of the release of the "The Interview," while President Barack Obama promised that the United States would respond to the attack.
Hackers gained entry into a sensitive system of ICANN after they obtained access credentials through malicious emails.
After receiving terroristic threats to theaters which show the new Sony Pictures film "The Interview," the studio has decided to cancel its release.
Guardians of Peace which allegedly hacked Sony last month, has released personal details of the actors along with other information of the company's top executives, demanding that Sony cancel release of the film Interview.
An online group of hackers has targeted the Sony's PlayStation Network making it inaccessible globally for more than two hours. Users of the service who visited the PlayStation store were greeted by a message that said "Page Not Found! It's not you. It's the Internet's fault."
North Korea said the country is not responsible for the Sony Pictures hack but acknowledged that it "might be a righteous deed of the supporters and sympathizers." Involvement of North Korea is suspected in the attack because of an upcoming Sony film which is about an assassination attempt of Kim Jong-un.
Striking similarities have been found between the code used in the hack of Sony Pictures and the attacks blamed on North Korea that targeted South Korean companies and government agencies in 2013, according to The Financial Express.
