Hackers Tied to North Korea Target Crypto-Currency Dealers

On December 16, Bitcoin's prices made one fresh record as it got a high $19,000 value per one BTC, while it appears that North Korea will cash in on this price hike. SecureWorks the security company states the notorious hackers gang 'Lazarus,' which understandably has ties to North Korean government, was recently attacking platforms trading crypto-currencies via spear-phishing e-mail assaults.

According to the spy agency of South Korea, hackers from North Korea got away with Bitcoins as well as other crypto-currencies valuing millions of USDs during 2017 that currently value over $80m. The hackers as well stole personal information and other private data from approximately 30K entities selling and buying virtual currencies such as Ethereal and Bitcoin inside Bithumb the crypto-exchange marketplace in South Korea. En.netralnews.com posted this, December 17, 2017.

Citing National Intelligence Service of SK, the newspaper named Chosun Ilbo reports that the identical kind of malicious program with which hackers compromised Sony Pictures during 2014 was employed for stealing almost $7m worth of Bitcoins over many months out of electronic exchanges.

During October, Korea Internet & Security Agency doused a different assault against ten electronic exchanges. In that, e-mails were distributed that carried malware and had IP addresses hosted in NK.

The assault, which stole crypto-currencies, occurred prior to one recent Bitcoin price rise. According to security analysts, hackers from North Korea may've targeted digital currencies for circumventing the financial blockages made to penalize the country for its nuclear armory accumulation.

North Korea has had hackers winning state sponsorship to carry out advanced attacks on the crypto-currency market earlier too. During September 2017, the South condemned its North neighbor following phishing attacks that targeted many e-mail accounts of 4 prominent bitcoin exchanges' employees within South Korea.

The phishing tactics of North may be regarded as a modification of the military tactic of centuries-old period, called Privateering. In this, the emperors and their consorts granted permissions to privateers to sail across seas and oceans and loot the goods inside merchant ships of their kingdoms' enemies. The North likewise is permitting the country's hackers towards playing as digital privateers hunting and plundering crypto-currencies like Bitcoin.

» SPAMfighter News - 12/22/2017