North Korea could be secretly mining cryptocurrency on your computer

in bitcoin •  7 years ago 

From QZ.com


North Korea has a cryptocurrency infatuation. Its government has been accused of unleashing a global ransomware attack to raise bitcoin, mining the cryptocurrency within its borders, and hacking South Korean bitcoin exchanges. Now, research firm Recorded Future says there’s a strong chance Kim Jong-un’s regime is experimenting with malware that secretly mines currency using other people’s computers.

Malware crypto-mining is a new global trend among hackers, says a new report (pdf) from Recorded Future, which monitors discussions among “the criminal underground” on the so-called dark web. Starting this year, hackers seem to be shifting away from high-intensity, widespread ransomware attacks, towards “long-term, low velocity” crypto-mining in the background.

Recorded Future has not detected specific instances of North Korean malware mining, but believes that the regime has the knowhow, motive, and interest in cryptocurrencies to execute similar attacks. “North Korean threat actors have prior experience in assembling and managing botnets, bitcoin mining, and cryptocurrency theft, as well as in custom altering publicly available malware; three elements that would be key to effectively creating and managing a network of covert cryptocurrency miners,” Recorded Future’s report reads.

Read more: https://qz.com/1110419/north-korea-may-be-using-malware-to-secretly-mine-ethereum-monero-or-zcash/

It worries me that North Korea's use or just alleged use of bitcoin to skirt sanctions will the be the narrative used to outlaw or tightly regulate bitcoin usage.

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straight gangsta

I always knew that Kim Jong Un guy was cleverer than he looks...