{"id":1143,"date":"2023-11-30T14:04:17","date_gmt":"2023-11-30T14:04:17","guid":{"rendered":"https:\/\/www.tsfactory.com\/forums\/?p=1143"},"modified":"2023-11-30T14:04:17","modified_gmt":"2023-11-30T14:04:17","slug":"north-koreas-lazarus-group-rakes-in-3-billion-from-cryptocurrency-hacks","status":"publish","type":"post","link":"https:\/\/www.tsfactory.com\/forums\/blog\/north-koreas-lazarus-group-rakes-in-3-billion-from-cryptocurrency-hacks\/","title":{"rendered":"North Korea&#8217;s Lazarus Group Rakes in $3 Billion from Cryptocurrency Hacks"},"content":{"rendered":"<p>Threat actors from the Democratic People&#8217;s Republic of Korea (DPRK) are increasingly targeting the cryptocurrency sector as a major revenue generation mechanism since at least 2017 to get around sanctions imposed against the country.<\/p>\n<p>&#8220;Even though movement in and out of and within the country is heavily restricted, and its general population is isolated from the rest of the world, the regime&#8217;s ruling elite and its highly trained cadre of computer science professionals have privileged access to new technologies and information,&#8221; cybersecurity firm Recorded Future said in a report shared with The Hacker News.<\/p>\n<p>&#8220;The privileged access to resources, technologies, information, and sometimes international travel for a small set of selected individuals with promise in mathematics and computer science equips them with the necessary skills for conducting cyber attacks against the cryptocurrency industry.&#8221;<\/p>\n<p>The disclosure comes as the U.S. Treasury Department imposed sanctions against Sinbad, a virtual currency mixer that has been put to use by the North Korea-linked Lazarus Group to launder ill-gotten proceeds.<\/p>\n<p><a href=\"https:\/\/thehackernews.com\/2023\/11\/north-koreas-lazarus-group-rakes-in-3.html\">Read the Full Story Here<\/a><\/p>\n<p>Source: The Hacker News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Threat actors from the Democratic People&#8217;s Republic of Korea (DPRK) are increasingly targeting the cryptocurrency sector as a major revenue generation mechanism since at least 2017 to get around sanctions imposed against the country. &#8220;Even though movement in and out of and within the country is heavily restricted, and its general population is isolated from [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1144,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - 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