North Korean Hackers Attacked South Korean Exchanges, NIS Claims

[Cordillerabit]

As originally reported by local media outlets, the South Korean National Intelligence Service has traced previous hackings of domestic cryptocurrency exchanges back to the North.

NORTH VS. SOUTH
This Saturday, South Korean newspapers recapped reports by the NIS that claimed North Korean hackers were behind an attack on the Bithumb exchange. The hack, which began after an employee’s PC was compromised, leaked personal details of some 36,000 user accounts.  The attack supposedly occurred this past February, but Bithumb was not aware of the breach until June. According to reports, the hackers demanded 6 billion won (US$5.5 million) in exchange for deleting the stolen account information.

The NIS believes that North Korean hackers were also behind a series of attacks in April and September. In April, Youbit, formerly Yapizon, had its own exchange compromised, and Coinis suffered hacking attacks in September.

As a result of these attacks, hackers ran off with a cumulative 7.6 billion won (US$6.99 million) in cryptocurrencies. Today, these stolen funds are valued at 90 billion won (US$82.7 million). If you can believe it, though, things could have been worse, as the Korean Internet Security Agency thwarted an attempted hack on 10 South Korean exchanges in October.

https://themerkle.com/north-korean-hackers-attacked-south-korean-exchanges-nis-claims/