North Korean hacker group Lazarus targets British crypto users | City & Business | Finance


Now researchers from cyber crime experts Kaspersky Labs say that Lazarus is launching a new wave of hacks to steal cryptocurrency to finance the brutal dictatorship of Kim Jong-un. "Victims were registered in the UK, Poland, Russia and China, "said the Kaspersky report.

“Moreover, we were able to confirm that different victims are linked to business entities of cryptocurrency.

"We judge that the Lazarus group has been more careful in its attacks … and they have used a number of methods to prevent them from being discovered."

Lazarus also spreads the advanced malware, called UnionCryptoTrader, by Telegram – a secure messaging app that has been fired by lawmakers that enable jihadist groups such as ISIS to secretly distribute its orders and despicable propaganda.

Since the beginning of 2019, North Korean agents have reportedly tried five major cyber thefts worldwide, including a successful $ 49 million theft from an institution in Kuwait.

The Kim Jong-un regime recently angry denied North Korea had used an army of hackers to transfer $ 2 billion from the world's crypto exchanges and banks.

Officials of the Sanctions Committee of the United Nations Security Council accused the brutal dictatorship of the massive theft of huge sums of cryptocurrency and claimed that the hacks were designed to fund tyranger Kim Jong-un's nuclear weapons program.

A form of digital money, cryptocurrency uses encryption to secure transactions and control the creation of new units

Cryptocurrency is a form of digital money that uses cryptography – a form of secret coding from the Second World War – to process transactions securely.

There is a wide range of different cryptocurrencies, the most famous being Bitcoin, which was launched in 2009.

Coin Rivet is a website with news, information, analyzes, opinions and insights from the rapidly changing blockchain world.

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