PwC describes Black Banshee, also known as Kimsuky, as a North Korea-based espionage actor whose 2019 activity can be grouped into interlinked clusters tied by infrastructure, tradecraft, shared indicators, and targeting. The WildCommand cluster connected Operation Kabar Cobra, Kitty Phishing, MoneyHolic, MyDogs/Operation Red Salt, and renewed 2020 WildCommand activity, targeting South Korean government entities, aerospace and defence contractors, cryptocurrency organisations, and later financial-sector entities in Southeast Asia. A second cluster linked BabyShark/Operation SmokeScreen, Autumn Aperture, ANSSI-reported credential phishing, and related activity against policy and national-security think tanks, government bodies, education, and cryptocurrency targets in the US, South Korea, and Europe. PwC highlights recurring TTPs such as reused C2 infrastructure, server-side folders and scripts, malware parameters, and tooling including WildCommand, MyDogs, and BabyShark, assessing that Black Banshee was likely to keep updating tools while continuing aggressive operations into 2020.