UN: North Korea Cyberattack Methods Revealed

UN: North Korea Cyberattack Methods Revealed
фото показано с : bitcoinist.com

2019-8-13 16:00

Following revelations that North Korea amassed $2 billion in cryptocurrency for weapons programs, a new report discloses further details. According to the United Nations, it is investigating a total of 35 North Korean cyberattacks in 17 countries. These reportedly follow one of three key attack vectors.

 A North Korea In Cybercrime

After last week’s UN report summary, the full version reveals the extent and geographical distribution of North Korea’s cyberattacks.

According to the South China Morning Post, hackers targeted South Korea the most, with the UN investigating 10 attacks. India suffered three attacks, and Bangladesh and Chile were victims of two attacks each.

But individual attacks were reported across the globe, in Africa, Central and South America, the Middle East, South East Asia, and Europe.

The United Nations views these attacks as an attempt to skirt sanctions.

Three Ways To Skin A Sanction

According to the report, the increasingly sophisticated attacks are ‘low risk but high yield’, often requiring not much more than a laptop and internet connection.

There were three main methods in which the North Korean hackers operated: attacks through the Society of Worldwide Interbank Financial Telecommunication (SWIFT) system, cryptocurrency thefts from exchanges and users, and “mining of cryptocurrency as a source of funds for a professional branch of the military.”

A Step By Step Guide

SWIFT attacks were generally carried out “with bank employee computers and infrastructure accessed to send fraudulent messages and destroy evidence.” In Chile, hackers used LinkedIn to ‘headhunt’ an employee of the Chilean interbank network connecting all of the countries ATMs.

Cryptocurrency exchanges were repeatedly attacked, with at least four hits on South Korea’s Bithumb. Stolen funds following a 2018 attack “were transferred through at least 5,000 separate transactions and further routed to multiple countries before eventual conversion.”

As well as ‘quasi-legitimate’ mining operations, the report investigated ‘crypto-jacking‘, whereby North Korean hackers infect computers with malware. The computers resources are then directed to mine cryptocurrency for the benefit of the attacker. In one instance, malware mining Monero was sending the proceeds to servers at Kim Il-Sung university in Pyong Yang.

What do you make of these latest findings? Let us know your thoughts in the comment section below!

Images via Shutterstock

The post UN: North Korea Cyberattack Methods Revealed appeared first on Bitcoinist.com.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

North Korean Won (KPW) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 KPW

north korea report according cyberattacks revealed methods

north korea → Результатов: 126


Busted! North Korea Caught Laundering Millions Via Shady Crypto Mixer

Once more, North Korea has demonstrated its cyber prowess, possibly undermining international sanctions by using cryptocurrencies. According to a recent assessment by UN sanctions monitors, North Korea is suspected of using the Tornado Cash platform to launder a whopping $148 million that was taken from a cryptocurrency exchange in March. This event highlights how difficult […]

2024-5-15 12:30


North Korea gets 50% of foreign earnings due to weak security measures in crypto industry, UN says

A recent United Nations report highlights North Korea’s significant role in cyberattacks, particularly targeting crypto firms amid sanctions enforcement and nuclear concerns. The United Nations Security Council has released a new report, indicating North Korea‘s escalating involvement in cyberattacks, which…

2024-3-21 10:51


Фото:

North Korea’s cryptocurrency is most likely bullshit — just like its conference

North Korea is supposedly preparing to develop its own cryptocurrency to dodge the strict international sanctions crippling its economy, VICE News reports. The project was announced by Alejandro Cao de Benos, the head of “Korean Friendship Association,” a group that seeks to promote international relations with the Democratic People’s Republic of Korea (DPRK).

2019-9-19 15:56


Фото:

UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges

The U.N. Security Council has heard that North Korea uses cyberattacks and blockchain technology to evade economic sanctions and obtain foreign currency. Through hacking, the reclusive Republic has raked in around $670 million in foreign exchange and cryptocurrency, a panel of experts told the Security Council’s North Korea sanctions committee, ahead of the council’s annual […] The post UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges appeared first on Bitcoin News.

2019-3-9 23:25


Фото:

North Korean Hackers Infiltrate Unnamed Crypto Exchange in First-Ever MacOS Hack

North Korea’s notorious cyber-hacking outfit, “Lazarus Group,” has reportedly deployed a MacOS-based malware to infiltrate cryptocurrency exchanges and applications, according to Kaspersky Labs. North Korean Attackers Strike To date, Lazarus remains an unknown entity, with no information on the number of individuals identifying with the outfit.

2018-8-25 07:00


Trump Pump! PotCoin Surges 20% as Unofficial North Korea Summit Sponsor

US president Donald Trump inadvertently caused cannabis-focused altcoin PotCoin to jump 20 percent after his summit with Kim Jong-un. Rodman Showcases ‘Support’ — And PotCoin In a curious first win for cryptocurrency as a direct consequence of the summit, PotCoin became its unofficial sponsor after retired US basketball player Dennis Rodman arrived to “give support” to the two leaders.

2018-6-12 15:00


Фото:

Coinrail Hack See’s Markets Crash As $40 Million Stolen

The markets are down this morning in the wake of an alleged $40 Million hack of South Korean cryptocurrency exchange, Coinrail. Given current political activities within Singapore (the summit involving both the US President and the Leader of North Korea) we did expect the markets to be a little shaky this morning, the current view however is far worse than we expected.

2018-6-11 12:00