S. Korea Hit Hardest by N. Korean Cyberattacks

13 Août, 2019, 21:13 | Auteur: Anatole Charbonneau
  • Crypto Credit Lines Sponsored   Crypto 2 mins Multiple North Korean Cryptocurrency Hacks Under UN Investigation Martin Young 5 hours ago

Following last week's report where North Korea was accused of carrying out cyberattacks on banks and cryptocurrency exchanges in different nations to fund its Weapons of Mass Destruction (WMD) program, the United Nations (UN) has stated that it is now investigating all 35 cases cited in the earlier report.

The Associated Press reported that the experts behind the unpublished report to the UN Security Council have called for increased sanctions - including the blocking of ships which provide petrol and diesel to North Korea.

India suffered three attacks, and Bangladesh and Chile were victims of two attacks each.

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

The UN has ramped up its investigation of North Korean cyber-attacks following the release of a report detailing efforts to accumulate wealth for weapons programs.

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Cryptocurrency exchanges were repeatedly attacked, with at least four hits on South Korea's Bithumb. According to the SCMP there have been at least 35 incursions in 17 countries.

SWIFT attacks were generally carried out "with bank employee computers and infrastructure accessed to send fraudulent messages and destroy evidence".

Attacks on cryptocurrency exchanges and individual holders, where tokens were stolen.

North Korean hackers have also been sneaking mining scripts onto foreign computers to surreptitiously mine cryptocurrency for some time.

The detailed report from the United Nations follows a confidential summary report last week, which said North Korea used "widespread and increasingly sophisticated" cyberattacks to steal the funds for its weapons of mass destruction programs. The first two attacks (in 2017) each resulted in losses of around $7 million, while the second two attacks (in June 2018 and March 2019) leading to the loss of $31 million and $20 million, respectively. It said one report analyzed a piece of malware created to mine the cryptocurrency Monero "and send any mined currency to servers located at Kim Il Sung University in Pyongyang".

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