Monday, January 22, 2018

Asian Bitcoin Exchanges as Potential Hacker Targets

North Korea has been identified as conducting multiple thefts of Bitcoin cryptocurrency in 2017. These thefts have involved spearphishing attacks against at least two Bitcoin exchanges in South Korea that resulted in compromises of their systems and the loss of millions of dollars in Bitcoin. This appears to be part of a major North Korean campaign to acquire Bitcoin as a way to raise hard currency. This campaign was active through at least, December 2017. Given the North Korean interest in Bitcoin and the success of their hacker efforts to date, other cryptocurrency exchanges in the region may also be at risk. As a guide to further monitoring of this situation, a listing of exchanges in South Korea and Japan was compiled. The Japanese list consists of those recently certified by the Japanese government and one that is still awaiting certification...READ MORE

Wapack Labs has cataloged and reported on cryptocurrency related targeting in the past. An archive of related reporting can be found in the Red Sky Alliance portal.