{"id":189190,"date":"2018-11-01T13:45:54","date_gmt":"2018-11-01T17:45:54","guid":{"rendered":"https:\/\/insidebitcoins.com\/news\/south-korean-intelligence-claims-north-korea-still-hacking-computers-to-mine-crypto\/189190"},"modified":"2021-08-01T15:58:30","modified_gmt":"2021-08-01T19:58:30","slug":"south-korean-intelligence-claims-north-korea-still-hacking-computers-to-mine-crypto","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/south-korean-intelligence-claims-north-korea-still-hacking-computers-to-mine-crypto","title":{"rendered":"South Korean Intelligence Claims North Korea Still Hacking Computers to Mine Crypto"},"content":{"rendered":"

\"\"<\/p>\n

South Korean intelligence services<\/a> report that North Korea is continuing to hack computers worldwide to mine cryptocurrency<\/a>. Additional reports from the state intelligence agency reveal that the North Koreans are still actively stealing confidential information from its neighbors to the south.<\/p>\n

North Korea\u2019s Crypto Mining Malware<\/strong><\/h3>\n

North Korea\u2019s first iteration of its crypto mining malware was detected back in January by a US cybersecurity firm. Evidence suggested that the North Korean hackers were forwarding hundreds of thousands of dollars worth of illicitly mined Monero<\/a> to Kim Il Sung University in the country\u2019s capital of Pyongyang. Amidst tightening global trade restrictions against the hermit country, the North Korean\u2019s appear to have no intent on lessening their dependence on illegally mined crypto revenue.<\/p>\n

Suggested Reading\u00a0<\/strong><\/em>:\u00a0Learn how to protect your Monero with one of the best Monero wallets in 2018<\/a>.<\/em><\/p>\n

Meanwhile, the Korean National Intelligence Service is preparing to visit North Korea to examine its Punggyeri nuclear test site. North Korea has promised to begin the dismantlement of the site as part of a mutual denuclearization effort between the two countries. Numerous international journalists have been invited to attend the event. The terms of the dismantlement effort were negotiated between South Korean President Moon Jae-in and North Korean leader Kim Jong Un during a recent summit meeting.<\/p>\n

In early October, CNN<\/em> reported<\/a> that the North Korean government uses a network of cyber-criminals on behalf on Kim Jong Un\u2019s regime. A report delivered from a cyber-security watch dog stated that this group has attempted to steal over $1.1 billion in \u201cparticularly aggressive\u201d attacks on global banks.<\/p>\n

\u201cFifteen or even 10 years ago, when analyzing potential blowback to US sanctions on North Korea or US-South Korean military exercises, there was never a consideration of the Kim regime\u2019s ability to target the US economy,\u201d said\u00a0Samantha Ravich, senior adviser and Principal Investigator of FDD\u2019s cyber-enabled economic warfare (CEEW) project. \u201cNow, North Korea has one of the most capable and aggressive cyberoperations. Facing intense US economic sanctions, Pyongyang may consider using its cybercapabilities to attack the US economy.\u201d<\/p>\n

The post South Korean Intelligence Claims North Korea Still Hacking Computers to Mine Crypto<\/a> appeared first on UNHASHED<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

South Korean intelligence services report that North Korea is continuing to hack computers worldwide to mine cryptocurrency. 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