New information about North Korean hackers and their use of crypto.
The North Korean cybercrime operator APT43 is using cloud computing to launder cryptocurrency, a report from cybersecurity service Mandiant has found. According to the researchers, the North Korean group uses “stolen crypto to mine for clean crypto.”
Mandiant, a Google subsidiary, has been tracking the North Korean Advanced Persistent Threat group since 2018 but has only now “graduated” the group to an independent identity. Mandiant characterized the group as a “major player” that often cooperated with other groups.that APT43 was likely engaged in raising funds for the North Korean regime and funding itself through its illicit operations.
“APT43 steals and launders enough cryptocurrency to buy operational infrastructure in a manner aligned with North Korea’s juche state ideology of self-reliance, therefore reducing fiscal strain on the central government.” The researchers detected the North Korean group’s “likely use of hash rental and cloud mining services to launder stolen cryptocurrency into clean cryptocurrency.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Experts expose growing threat from hackers supporting North KoreaA new report details alleged funding mechanism of North Korean cyber espionage.
Read more »
Experts expose growing threat from hackers supporting North KoreaA group of alleged cybercriminals has been using several techniques to target U.S. companies and government agencies on behalf of the North Korean government, experts say.
Read more »
North Korean forced into marriages, sex slavery in China’s ‘Red Zone,’ human rights group saysThe North Korean-Chinese border has become a lawless 'Red Zone' where vulnerable female defectors from North Korea are swept up by gangs and sold into sex slavery or forced labor.
Read more »
North Korean Regime Exploits Crypto Mining Services for CoverCybersecurity firm Mandiant has recently uncovered that North Korean cyber operator APT43 is exploiting cryptocurrency mining services to launder stolen funds and finance its espionage activities
Read more »