How North Korea Used Crypto to Hack Its Way Through the Pandemic
— Steal sensitive data, Chainaysis, Korea, Wave, Hack, Pandemic, Loot, Bait, Panel, Methodical — 1 min read
North Korean hackers use sophisticated tools to conduct cyberespionage and steal sensitive data to aid its weapons development. They breach foreign crypto wallets through phishing attacks, luring victims with fake LinkedIn recruiting pages or other bait. The hackers use a complex set of financial instruments to transfer the stolen funds, moving the loot through cryptocurrency “mixers” that combine multiple streams of digital assets. “They’re very methodical in how they launder them,’s Erin Plante, senior director of investigations for Chainalysis. “Make no mistake, DPRK hackers are really good,” said Eric Penton-Voak, a coordinator at the U.N. panel of experts, during a webinar in April. Source