North Korea Is Targeting South Korea's Bitcoin Exchanges, Report Claims

North Korea, a pariah state widely believed to have been behind cyberattacks on financial institutions around the world, may also have tried to pilfer cryptocurrencies to get around sanctions.

Actors tied to the isolated nation have been involved in attacks on cryptocurrency exchanges in South Korea, FireEye, a prominent cybersecurity firm, said in a report today.

"Since May 2017, we have observed North Korean actors target at least three South Korean cryptocurrency exchanges with the suspected intent of stealing funds," Luke McNamara, a senior cyber threat intelligence analyst at FireEye, wrote in a blog post published Monday. "The spearphishing we have observed in these cases often targets personal email accounts of employees at digital currency exchanges, frequently using tax-themed lures and deploying malware ... linked to North Korean actors suspected to be responsible for intrusions into global banks in 2016."

The claims come at a time when the communist nation's relations with the international community – never all that warm – have been particularly frosty.

Full story at http://bit.ly/2x2OJXo

Source: CoinDesk

 

 

 

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