Home » UN probes 35 North Korean Cyberattacks in 17 Countries

UN probes 35 North Korean Cyberattacks in 17 Countries


Following last week’s report summary which was leaked to the media, showing that North Korea might have allegedly conducted a hack worth $2 billion to fund various weapons programs, The United Nations has decided to intervene on the issue.

Associated Press published a report on Aug. 13 revealing that the UN is specifically carrying out investigations on 35 cyberattacks that the country targeted on 17 countries. The probe will majorly focus on incidents that occurred via one of three major attack vectors.

Having suffered 10 attacks, South Korea is considered the favorite target followed by India, which got three attacks, then, Bangladesh and Chile each had two. The attacks are not limited to the aforementioned countries, but have occurred in several areas in Africa (Nigeria, Gambia, Liberia, South Africa, Tunisia), Asia (Vietnam, Malaysia, Kuwait) Europe (Slovenia, Poland, Malta), Central and South America (Costa Rica, Guatemala), and the Middle East.

Other investigated popular hacks

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) system has encountered a number of the most audacious hacks. At one instance, a Chilean interbank employee was ‘headhunted’ using LinkedIn. Around 10,000 fraudulent cash distributions occurred across 20 countries after another hack installed malware affected the ATM system of the entire nation.

Other popular target vectors are users and Cryptocurrency exchanges. Bithumb (South Korean exchange) has now suffered at least four attacks. In another unnamed exchange, 5,000 were stolen after being routed to several countries before it was converted.

Crypto-jacking, using cryptocurrency mining to raise funds, is the final method being analyzed. A malware that is installed onto a computer usually mines cryptocurrency on behalf of the hacker. Specifically, the UN analyzed a malware that supposedly mines Monero (the privacy-focused altcoin) and later proceeds to send the gains to Kim Il-Sung University servers located in Pyongyang.

Source: https://cointelegraph.com/news/un-report-south-korea-hardest-hit-by-north-korean-cyber-attacks


About the author

James Lovett

James Lovett

James is a passionate writer on cryptocurrency industry and other disruptive technologies in the crypto world. He has written several crypto articles for numerous websites and blogs over the years.

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