N. Korean hackers target bitcoin market_ report bitcoin companies

The cyberattacks have been unsuccessful so far, according to shen, but she believes they will continue because bitcoin’s increasing value makes it a good investment.

Shen said she and other researchers have been tracking lazarus, bluenoroff and andariel — hacking groups suspected of being backed by north korea — and attacks done on banks in europe and south korea, an ATM company and bitcoin exchange.

They found that cyberattacks, which were usually conducted to gain confidential data and intelligence, have been recently shifting toward gaining digital currency.

I assume they will do more bitcoin attacks and of course they will keep targeting banks because that’s what they did before, shen said, according to sky news.

One of the reasons why bitcoin is being attacked is because the price keeps increasing, and we think it’s reasonable for hackers.Bitcoin companies

digital currency might be easier to gain than physical currency.

One of shen’s co-researchers working for a south korean bank told sky news, asking not to be named, that just a few years ago, north korean hackers initiated attacks to paralyze society, but now they were hacking for money.

Security firm fireeye said in report in september that hackers linked to north korea have stolen bitcoins from at least three south korean cryptocurrency exchanges since may 2017.

Now, we may be witnessing a second wave of this campaign: state-sponsored actors seeking to steal bitcoin and other virtual currencies as a means of evading sanctions and obtaining hard currencies to fund the regime, the report said.

The korea internet & security agency also forecast an increase of cyberattacks from north korea targeting cryptocurrency exchanges in its outlook on next year’s cyberattacks released last week.Bitcoin companies

One bitcoin, which was worth less than $1,000 at the beginning of this year, hit above $17,000 last week.

The cyberattacks have been unsuccessful so far, according to shen, but she believes they will continue because bitcoin’s increasing value makes it a good investment.

Shen said she and other researchers have been tracking lazarus, bluenoroff and andariel — hacking groups suspected of being backed by north korea — and attacks done on banks in europe and south korea, an ATM company and bitcoin exchange.

They found that cyberattacks, which were usually conducted to gain confidential data and intelligence, have been recently shifting toward gaining digital currency.

I assume they will do more bitcoin attacks and of course they will keep targeting banks because that’s what they did before, shen said, according to sky news.Bitcoin companies

One of the reasons why bitcoin is being attacked is because the price keeps increasing, and we think it’s reasonable for hackers. Digital currency might be easier to gain than physical currency.

One of shen’s co-researchers working for a south korean bank told sky news, asking not to be named, that just a few years ago, north korean hackers initiated attacks to paralyze society, but now they were hacking for money.

Security firm fireeye said in report in september that hackers linked to north korea have stolen bitcoins from at least three south korean cryptocurrency exchanges since may 2017.

Now, we may be witnessing a second wave of this campaign: state-sponsored actors seeking to steal bitcoin and other virtual currencies as a means of evading sanctions and obtaining hard currencies to fund the regime, the report said.Bitcoin companies

The korea internet & security agency also forecast an increase of cyberattacks from north korea targeting cryptocurrency exchanges in its outlook on next year’s cyberattacks released last week.

One bitcoin, which was worth less than $1,000 at the beginning of this year, hit above $17,000 last week.