North Korean Hacker Group Linked to DMM Bitcoin Cryptocurrency Breach

bitcoin

Do you remember hearing about the cyberattack in May that caused ¥48.2 billion ($308 million) worth of bitcoin to be leaked from DMM Bitcoin? Well, turns out, the National Police Agency suspects that a North Korean hacker group called TraderTraitor may be behind it. They believe that the hacker group planted a virus on an employee’s computer at Ginco, a company that handled the deposit and withdrawal of DMM Bitcoin’s virtual currency. How did they do it? Through a sneaky fake job recruitment message sent via LinkedIn.

The hacker group managed to access Ginco’s system by sending a malicious Python script to the unsuspecting employee. This access allowed them to intercept the company’s unencrypted communications and steal customer deposits totaling ¥48.2 billion in May. The stolen funds were then transferred to TraderTraitor’s wallet.

It’s a stark reminder of the importance of cybersecurity in this digital age. Cybercriminals are always finding new ways to exploit vulnerabilities, so it’s crucial to stay vigilant and secure your systems. It’s a tough world out there, but with the right precautions, we can all stay safe online.