BREAKING NEWS Off-duty Boswell Town Marshal dies in single-vehicle crash Full Story
SEVERE WX : Flood Warning View Alerts
STREAMING NOW: Watch Now

North Korea linked to new cryptocurrency attacks

North Korea-linked hackers targeted cryptocurrency investors and exchanges just as bitcoin started to soar to record ...

Posted: Jan 17, 2018 1:22 PM
Updated: Jan 17, 2018 1:22 PM

North Korea-linked hackers targeted cryptocurrency investors and exchanges just as bitcoin started to soar to record highs, according to a new report.

Cybersecurity firm Recorded Future said malware used in the attacks was similar to that used in the Sony Pictures hack, the global WannaCry ransomware attack and the major cyberheist that hit Bangladesh's central bank.

Based on the malware, Recorded Future said it believes attacks late last year on South Korean cryptocurrency exchanges and their users were carried out by Lazarus, a hacking group that has previously been tied to North Korea.

Related: Bitcoin is too hot for criminals. They're using monero instead

The malware was created in mid-October and November, just as bitcoin began surging to jaw-dropping heights, according to the report, which was published Tuesday. Other cryptocurrencies like ethereum and monero have also experienced massive jumps in value in recent months.

"This late 2017 campaign is a continuation of North Korea's interest in cryptocurrency, which we now know encompasses a broad range of activities including mining, ransomware, and outright theft," Recorded Future researchers Juan Andres Guerrero-Saade and Priscilla Moriuchi wrote.

The report didn't say how successful the attacks, which included efforts to harvest cryptocurrency exchange users' passwords, might have been.

Related: South Korea may ban cryptocurrency trading

Many cryptocurrencies are designed to operate outside of the control of governments or banks. That's likely to appeal to North Korea at a time when the U.S. is stepping up efforts to cut the country out of the international financial system over its nuclear weapons program.

Previous reports from cybersecurity firms and South Korean government officials said North Korean hackers had targeted cryptocurrency exchanges in the summer of 2017.

Related: Bitcoin exchange goes bust after hack

North Korea has repeatedly denied involvement in international hacking attacks. But it has made no secret of its interest in bitcoin and other cryptocurrencies.

In November, the Pyongyang University of Science and Technology touted a lecture from a bitcoin expert who came to North Korea to teach students about the technology behind the digital currency. The university is a high-profile institution where scions of the North Korean elite study.

North Korea may be making a fortune from bitcoin mania

The revelations of the latest attacks on South Korean investors come as the country's government is considering whether to clamp down on cryptocurrency trading within its borders.

If the South Korean government tightens regulations and exchanges in the country step up security, North Korean hackers may "look to exchanges and users in other countries," the Recorded Future researchers said.

Lafayette
Cloudy
57° wxIcon
Hi: 62° Lo: 41°
Feels Like: 57°
Kokomo
Cloudy
56° wxIcon
Hi: 62° Lo: 39°
Feels Like: 56°
Rensselaer
Mostly Cloudy
48° wxIcon
Hi: 57° Lo: 36°
Feels Like: 41°
Lafayette
Cloudy
57° wxIcon
Hi: 57° Lo: 40°
Feels Like: 57°
Danville
Cloudy
54° wxIcon
Hi: 59° Lo: 41°
Feels Like: 54°
Frankfort
Cloudy
55° wxIcon
Hi: 60° Lo: 43°
Feels Like: 55°
Frankfort
Cloudy
55° wxIcon
Hi: 61° Lo: 41°
Feels Like: 55°
Monticello
Cloudy
52° wxIcon
Hi: 61° Lo: 40°
Feels Like: 52°
Monticello
Cloudy
52° wxIcon
Hi: 63° Lo: 39°
Feels Like: 52°
Logansport
Cloudy
55° wxIcon
Hi: 61° Lo: 37°
Feels Like: 55°
March coming in like a lamb Monday...
WLFI Radar
WLFI Temps
WLFI Planner

WLFI is promoting fire safety with FREE smoke detectors

 WLFI and several local fire departments are helping with your fire safety this winter. CLICK HERE. 

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 660942

Reported Deaths: 12556
CountyCasesDeaths
Marion905601638
Lake48352874
Allen35762635
Hamilton32026396
St. Joseph29865511
Elkhart25350414
Vanderburgh21225377
Tippecanoe19977200
Johnson16319356
Porter15938269
Hendricks15801300
Clark11928180
Madison11730316
Vigo11578229
Monroe10312161
Delaware9830179
LaPorte9755196
Howard9047196
Kosciusko8549109
Bartholomew7440147
Warrick7403150
Hancock7394130
Floyd7189169
Wayne6630191
Grant6422157
Morgan6075125
Boone607288
Dubois5895111
Dearborn546866
Cass543399
Henry541793
Marshall5417104
Noble508578
Jackson464366
Shelby460190
Lawrence4179111
Gibson400881
Harrison398763
Clinton395053
Montgomery386283
DeKalb384678
Miami356763
Knox356485
Whitley348936
Huntington342376
Steuben337855
Wabash330876
Putnam329459
Ripley326861
Adams322549
Jasper315443
White297252
Jefferson294473
Daviess285396
Fayette271456
Decatur270488
Greene261280
Posey260531
Wells257674
Scott249950
Clay240844
LaGrange240770
Randolph225576
Spencer217030
Jennings214744
Washington210427
Sullivan203139
Fountain201142
Starke187951
Owen181953
Fulton178237
Jay177628
Carroll176418
Perry173235
Orange171150
Rush164322
Vermillion160242
Franklin159335
Tipton146141
Parke138815
Pike127432
Blackford120627
Pulaski106444
Newton96531
Brown94939
Benton91813
Crawford90313
Martin80014
Warren75513
Switzerland7537
Union67110
Ohio53211
Unassigned0431

COVID-19 Important links and resources

As the spread of COVID-19, or as it's more commonly known as the coronavirus continues, this page will serve as your one-stop for the resources you need to stay informed and to keep you and your family safe. CLICK HERE

Closings related to the prevention of the COVID-19 can be found on our Closings page.

Community Events