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Hackers have Figured Out How to Mine and Send Cryptocurrency to North Korea

 

Hackers of North Korea are using advanced technology and adopting latest method to make money. They are utilizing computer virus to make digital money.

 

A malware is found in mining cryptocurrency known as monero and that transfer the fund to Pyongyang's Kim IL-sung University, Alien Vault, a California based security company,has discovered a malicious computer virus behind this act. The program, which penetrates and instructs PCs, was conveyed during Christmas.

 

The cryptocurrency Monero is mined by utilizing host computers with the application which is made on 24th December. Cybersecurity agency Alien Vault, who researched the program said, it then transferred the coins to Pyongyang's Kim IL Sung University. A series of activities of North Korean against the South Korean digital money targets, for example, trades, Cybersecurity agency FireEye referred in November post.

 

"Digital currencies may give a financial life saver to a nation bang hard by sanctions, and thus Pyongyang's universities have demonstrated a keenconcern in cryptocurrencies," the Californian securityagency said in a report.Including to that, the software "might be the latest result of their undertakings."

 

The organization clarified: "recently AlienVault labs researched an application incorporated during Christmas of 2017. It is the path through which the monero cryptocurrency can be installed. Alien Vault's statement said that, one IP address of North Korea, 175.45.178.19has been operative on Bitcoin exchange websites.

 

The installer automatically copies a file whose name is intelservice.exe to the victim's system. The intelservice.exe named file is associated with digital currency mining malware many times. After several arguments, it is found that it is a type of software called 'xmrig' as uploaded on v3.co.uk dated 09/01/2018.

 

There are other cases of North Korean hackers mining monero. A group named Andarel who took control on a server of an organization of South Korean in 2017 and utilized in mining cryptocurrency.

 

Mun Chong-hyun, is the chief researcher of South Korea based cybersecurity agency who is tracing cryptocurrency mining links of the nation. AlienVault also said nothing could be recognized that can be linked tomonero mining strategy with this or some other North Korea based group.

» SPAMfighter News - 15-01-2018

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