INQUIRER.net stock images
Tokyo, Japan — A North Korean hacking group stole cryptocurrency worth over $300 million from the Japan-based exchange DMM Bitcoin, according to Japanese police and the United States’ FBI.
The TraderTraitor group — believed to be part of Lazarus Group, which is allegedly linked to the Pyongyang authorities — carried out the heist, Japan’s National Police Agency said Tuesday.
Article continues after this advertisementLazarus Group gained notoriety a decade ago when it was accused of hacking into Sony Pictures as revenge for “The Interview,” a film that mocked North Korean leader Kim Jong Un.
FEATURED STORIES BUSINESS Peso may further depreciate to 60 vs $1 territory in 2025 BUSINESS BIZ BUZZ: Almendras hangs up Ayala hat BUSINESS Business as usual: Top 10 most read business stories in 2024READ: Philippines ranks 2nd in cryptocurrency ownership globally — study
The FBI detailed “the theft of cryptocurrency worth $308 million US dollars from the Japan-based cryptocurrency company DMM by North Korean cyber actors” in a separate statement dated Monday.
Article continues after this advertisementIt described a “targeted social engineering” operation where a hacker pretended to be a recruiter on LinkedIn to contact an employee of a different crypto wallet software company.
Article continues after this advertisementThey sent the employee what appeared to be a pre-employment test, which actually contained a malicious line of code.
Article continues after this advertisementThat allowed the hacker to compromise their system and impersonate the employee, the FBI said.
“In late May 2024, the actors likely used this access to manipulate a legitimate transaction request by a DMM employee, resulting in the loss of 4,502.9 Bitcoin, worth $308 million at the time,” it said.
Article continues after this advertisement“The FBI, National Police Agency of Japan, and other US government and international partners will continue to expose and combat North Korea’s use of illicit activities — including cybercrime and cryptocurrency theft — to generate revenue for the regime,” it said.
North Korea’s cyber-warfare program dates back to at least the mid-1990s.
Subscribe to our daily newsletter
It has since grown to a 6,000-strong cyber-warfare unit known as Bureau 121 that operates from several countries, according to a 2020 US military report.
The one-year Loan Prime Rate (LPR), which constitutes the benchmark for the most advantageous rates lenders can offer to businesses and households, was cut from 3.35 percent to 3.1.
jili online casinoThe High Court in London will examine over several months whether BHP was partly liable for the 2015 collapse of a dam at a mining waste site in Brazil.golden plus
READ NEXT Asian stocks mostly up after US tech rally El Salvador’s Congress approves end to ban on metals mining EDITORS' PICK Grant Mary Jane Veloso clemency, lawyers’ group asks Marcos John Amores to appeal GAB license revocation South Korea now a ‘super-aged society’ amid shrinking, aging population Is the MMFF experience incomplete without Vic Sotto, Vice Ganda’s movies? Firecracker victims are mostly children, says DOH Christmas tree burned, prompts hundreds to protest in Syria’s capital MOST READ PH has right to allow US missile system despite China’s opposition – DND Peso may further depreciate to 60 vs $1 territory in 2025 John Amores to appeal GAB license revocation A 'happy' Christmas 2024? Fewer Filipinos expect it – SWS survey Follow @FMangosingINQ on Twitter --> View commentsPowered by taya99-taya99 app-taya99 login @2013-2022 RSS Map HTML Map
Powered by站群系统
