Elliott
Elite Member
- Joined
- Apr 23, 2002
- Professional Status
- Certified General Appraiser
- State
- Oregon
WSJ--1/17/18
"U.S. cybersecurity firm Recorded Future in a report on Tuesday identified the Lazarus group—a hacking operation with links to the North Korean regime—as behind the malware campaign, which began targeting users of a South Korean exchange in the late fall and may still be active. It isn’t known how successful the hackers were, or how much was stolen.
The allegation comes amid signs that Pyongyang has been mining and hacking bitcoin as it seeks new revenue sources to help fund its weapons program in the face of tightening sanctions.
In December, South Korean authorities launched an investigation into the hacking of Youbit, a Seoul-based bitcoin exchange, with preliminary results finding signs that North Korea was behind the attack, people familiar with the situation said.
“This is a continuation of their broader interest in cryptocurrency as a funding stream,” Priscilla Moriuchi, director of strategic-threat development at Recorded Future and a former head of the National Security Agency’s East Asia and Pacific cyberthreats office, said in an interview."
"U.S. cybersecurity firm Recorded Future in a report on Tuesday identified the Lazarus group—a hacking operation with links to the North Korean regime—as behind the malware campaign, which began targeting users of a South Korean exchange in the late fall and may still be active. It isn’t known how successful the hackers were, or how much was stolen.
The allegation comes amid signs that Pyongyang has been mining and hacking bitcoin as it seeks new revenue sources to help fund its weapons program in the face of tightening sanctions.
In December, South Korean authorities launched an investigation into the hacking of Youbit, a Seoul-based bitcoin exchange, with preliminary results finding signs that North Korea was behind the attack, people familiar with the situation said.
“This is a continuation of their broader interest in cryptocurrency as a funding stream,” Priscilla Moriuchi, director of strategic-threat development at Recorded Future and a former head of the National Security Agency’s East Asia and Pacific cyberthreats office, said in an interview."
