Explore the latest news and trends  

Sign up for our weekly security newsletter


Be the first to receive important updates on security





Send

Hackers of North Korea are Apparently Targeting Bitcoin Exchanges

 

Hackers of North Korea are linked to several attacks, including Sony hack in 2014, but it seems that totalitarian state has been now particularly targeting the bitcoin as well as the crypto coin exchanges with their hacking teams.

 

The new report of cybersecurity firm FireEye is claiming that they have tracked minimum 5 attacks on the bitcoin exchanges or the individual bitcoin wallets during last 6 months. Targets apparently include Yapizon, a South Korea-based exchange, and 2 others which are not named.

Bithumb, topmost crypto exchange of Korea and 4rth largest exchange of the World, was hacked in the latter part of June, whereas the top Ethereum exchange of the country have lost more than $1 Mn from a breach happened in the early part of this month, however it is not clear whether North Korea have been involved in any of the heist. Cyber attacks, possibly connected to North Korea, struck Bithumb in June, in which data and information of around 30,000 customers was leaked.

 

Bithumb got hacked in Feb., although breach gone unnoticed till June; and it only was made public in the month of July. Express.co.uk posted on September 13th, 2017, quoting a claim of one customer of having robbed over one million dollar digital currency.

 

Claire Finkelstein, a national security expert and director of faculty of the University of Centre for Ethics of Pennsylvania and the Rule of Law, told Buzzfeed News: "this is very reliable with what I would expect North Korea to be doing."

 

FireEye claimed that hackers of North Korea could gain access to the accounts of several South Korean Bitcoin by targeting users having tax-related phishing attacks and deploying malware like PEACHPIT.

 

The hackers who operated under the name of "Guardians of Peace", demanded that the fictional comedy film "The Interview" dealing with the killing of North Korean leader Kim Jong-Un should not be released. Officials of United States Intelligence, after evaluating the techniques, software and network sources used in the hack suspected that North Korea sponsored the attack. However, North Korea has denied their involvement.

 

FireEye claimed that if hackers wanted to convert ehtereum or bitcoin into dollars or won, they would first like to exchange them into cryptocurrencies such as Monero, which is difficult to trace, and then convert into fiat currency.

» SPAMfighter News - 9/27/2017

3 simple steps to update drivers on your Windows PCSlow PC? Optimize your Slow PC with SLOW-PCfighter!Email Cluttered with Spam? Free Spam Filter!

Dear Reader

We are happy to see you are reading our IT Security News.

We do believe, that the foundation for a good work environment starts with fast, secure and high performing computers. If you agree, then you should take a look at our Business Solutions to Spam Filter & Antivirus for even the latest version of Exchange Servers - your colleagues will appreciate it!

Go back to previous page
Next