North Korean Crypto Attacks Investigated by the UN

UN investigating 35 North Korean cyberattacks in 17 countries

The new lengthier version of the report, seen by Associated Press, sets out that North Korea may have carried out at least 35 hacks in 17 countries and that the USA experts are investigating.

India came second in the list, incurring three attacks while Bangladesh and Chile followed suit with both nations having two cases each.

Thirteen countries suffered one attack - Costa Rica, Gambia, Guatemala, Kuwait, Liberia, Malaysia, Malta, Nigeria, Poland, Slovenia, South Africa, Tunisia and Vietnam, it said.

Cryptocurrency exchanges were repeatedly attacked, with at least four hits on South Korea's Bithumb. The intergovernmental organization is investigating 35 North Korea cyberattacks in 17 countries.

Due to its proximity, history, and number of crypto exchanges, South Korea was the country that suffered the most hacks, with at least 10 attacks recorded so far. Another known method is by crypto mining activities for funding professional military branches.

In one attack, the hackers managed to take over the ATM network for an entire nation and force 10,000 payments to alleged North Korean operatives.

The report stated that North Korea accessed bank infrastructure and employee computers to attack the SWIFT system, sending fraudulent messages and destroying evidence.

A new more detailed report made by the United Nations shows that the organization is now investigating 35 hacks in 17 countries which might have been ordered by North Korea.

Most recently, ZDNet reported that the US Department of Justice has formally charged a North Korean programmer for the WannaCry ransomware outbreak in addition to several other prominent cyber attacks.

According to a report from one unnamed country cited by the experts, stolen funds following one cryptocurrency attack in 2018 "were transferred through at least 5,000 separate transactions and further routed to multiple countries before eventual conversion" to currency that a government has declared legal money, "making it highly hard to track the funds". It identified one instance where malware was used to mine Monero and send the mined tokens to servers at Kim Il Sung University in Pyongyang.

Related:

Comments

Latest news

Man dentures stuck in throat at James Paget Hospital
When the doctors mentioned the object to the man, he said that his dentures had gone missing after his surgery eight days earlier. Doctors eventually determined that the bleeding was due to internal wound tissue around the blistering caused by his false teeth.

Former id Software boss Tim Willits joins Saber Interactive
Willits spent 24 years at id Software , and in an interview with Fortune , described his departure as the end of a marriage. Despite having more than 500 employees around the world, Saber Interactive remains an independent studio.

Here's the 'Dolemite Is My Name' trailer
Nonetheless, his ambitions exceed promoting bootleg data deemed too racy for mainstream radio stations to play. This just looks like a seriously good time at the movies, watching another amusing movie about making movies.

How Arsenal Transfer News Affect Their Odds to Win?
Other players rumored to be destined for Arsenal include; Sokratis Papastathopoulos, from Borussia Dortmund, and Saul Niguez. If they are rumored to buy an elite player, during the transfer window, they play well which increases the odds of winning.

Online Sports Betting Market Growth
Benefits With the market high, sports betting is an activity that receives a high level of support from online betting companies. More betters are opting to forego the long lines at the cashier's counter and the unavailability of their favorite machines.

Other news