Published on September 15th, 2017 | by bitcoin0
North Korean Hackers Are Stealing Bitcoins
Just recently, North Korean hackers were discovered by security experts attempting to steal virtual currencies, allegedly, to support Kim Jung Un’s regime.
Most recent reports claim that North Korean hackers are intensifying their cyber attacks to steal virtual currencies and amass massive funds for North Korean leader Kim Jung Un‘.
“Attacks on cryptocurrency exchanges can be a great vehicle to obtain what is ultimately hard currency.”
North Korean Hackers’ Attempt at Stealing Bitcoins
According to FireEye, a U.S.-based security firm, they have been monitoring actors they believed to be related to North Korea since 2016.
This marked a departure from previously observed activity of North Korean actors employing cyber espionage for traditional nation state activities.
“Since May 2017, we have observed North Korean actors target at least three South Korean cryptocurrency exchanges with the suspected intent of stealing funds.”
FireEye included a chronological timeline of North Korea’s activity against South Korea’s cryptocurrency exchanges:
April 22 – Four wallets on Yapizon, a South Korean cryptocurrency exchange, are compromised.