World News

755 readers

667 users here now

Rules:

Be a decent person
No spam
Add the byline, or write a line or two in the body about the article.

Other communities of interest:

[email protected]

founded 5 months ago

MODERATORS

[email protected]

290

North Korea steals $1.5bn as it pulls off world’s biggest ever heist (www.aol.com)

submitted 1 week ago by [email protected] to c/[email protected]

75 comments fedilink hide all child comments

The hackers stole more cryptocurrency in one attack than all the funds stolen by North Korean cyber criminals in 2024, when the rogue state’s cyber attackers made off with around $1.3bn in digital coins, according to cryptocurrency analysts Chainalysis.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 1 week ago (1 children)

The take away here is that many (all?) crypto exchanges are failing to properly secure their systems.

When your adversary is a nation-state with an actual army of hackers that can work 24/7 and deploy 0-days, it's hard to say for sure the exchange is at fault for not handling security properly. This isn't a lone Kevin Mitnick pulling a stunt, this is literal cyber warfare.

[–] CheeseNoodle 1 points 1 week ago

Yet conventional currencies are not randomly having billions transfered out of accounts and to north korea?