North Korean Trojan Activity – BANKSHOT, HARDRAIN and BADCALL

SystemTek – The Technology Experts – Providing technology news and information online since 1999   Three new trojans known as BANKSHOT, HARDRAIN and BADCALL have been identified as being created and operated by the advanced North Korean threat group known as HIDDEN COBRA. BANKSHOT consists of several proxy application tools intended to disguise command and…

South Korean intelligence says N. Korean hackers possibly behind Coincheck heist – sources

Reuters Staff SEOUL (Reuters) – South Korea’s intelligence agency told lawmakers North Korean hackers could have been behind the $530 million theft of virtual coins from a Japanese cryptocurrency exchange last month, people familiar with the matter told Reuters on Tuesday. The people, who had knowledge of parliament’s intelligence committee proceedings, told Reuters the National…

US Asks S. Korean Banks to Investigate Cryptocurrency Exchange Transactions

Business Korea The U.S. seems to be concerned that virtual currency can be a loophole in financial sanctions on North Korea. Seoul, Korea 29 January 2018 Yoon Yung Sil   The New York State Department of Financial Services (DFS) asked six South Korean banks and their New York branches to report on the current conditions…

Malware Analysis Report (MAR) – 10135536-B

  2017-12-13 Notification This report is provided “as is” for informational purposes only. The Department of Homeland Security (DHS) does not provide any warranties of any kind regarding any information contained within. The DHS does not endorse any commercial product or service, referenced in this bulletin or otherwise. This document is marked TLP:WHITE. Disclosure is…

China Quietly Orders Closing of Bitcoin Mining Operations

Move tightens a clampdown that already has shut exchanges for trading of cryptocurrencies in China Chinese authorities ordered the closing of operations that produce, or “mine,” cryptocurrencies. Photo: Reuters By Chao Deng Updated Jan. 11, 2018 1:29 a.m. ET 75 COMMENTS BEIJING—Bitcoin can’t catch a break in China. Chinese authorities ordered the closing of operations…

South Korean Authorities Points its Searchlight on the Bank Accounts of Cryptocurrency Exchanges

January 11, 2018 Ogwu Osaemezu Emmanuel There has been a lot of ‘scary’ news from South Korea concerning bitcoin and cryptocurrency regulation in recent weeks. Just yesterday, the South Korean Financial Intelligence Unit and Financial supervisory service said they would jointly inspect the bank accounts of cryptocurrency exchanges in the country. One Week, One Trouble…

North Korean hackers mining Monero to overcome UN sanctions

January 11, 2018 16:00 Akshay Makadiya Chris Doman, a cybersecurity researcher at AlienVault, U.S.-based security firm, has discovered a malware that mines cryptocurrencies using foreign computers while the earnings deposit to a North Korean university’s wallet in Pyongyang. Malware links to North Korea As North Korea faces tougher United Nation sanctions, it is looking for…