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North Korea threatens to attack US over military drill

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2015-08-16_2327Pyongang: North Korea has threatened to “retaliate against the US with tremendous muscle” if it did not cancel multinational military exercises scheduled to begin on Monday, the media reported.

South Korea conducts the yearly exercises, called Ulchi Freedom Guardian, with the US and other allies “to enhance readiness, protect the region and maintain stability on the Korean peninsula”, according to a statement from the Korea-US Combined Forces Command, CNN reported.

“The further Ulchi Freedom Guardian joint military exercises are intensified, the strongest military counteraction the (Democratic People’s Republic of Korea) will take to cope with them,” a spokesman for North Korea’s National Defence Commission (NDC) said on Saturday.

A State Department official said on Saturday it was aware of the threats. The exercises were transparent, defence-minded and are designed to increase the readiness of South Korea and the region, the State Department official said.
“These exercises are a clear demonstration of the US commitment to the alliance,” the official said.

While threatening military action was nothing new for the regime (Kim Jong Un told his troops they should be ready to fight a “sacred war” in the days leading up to the exercises in 2012, for example), the rhetoric coming out of Pyongang seems particularly ratcheted-up this time around.

“The army and people of the DPRK are no longer what they used to be in the past when they had to counter the US nukes with rifles,” the NDC spokesman continued, saying North Korea “is the invincible power equipped with both [the] latest offensive and defensive means unknown to the world…”

A state television report repeated the claim that this is not the same old, ill-equipped North Korea that never could stand up to the US in the past. In fact, this year, they are threatening to attack the US on its own soil.

“If (the) US wants their mainland to be safe,” said a newswoman for the state TV station, KCNA, “then the Ulchi Freedom Guardian should stop immediately.”

(IANS)

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$571 Mn In Cryptocurrency Stolen By North Korean Hacker Group

The Lazarus cybercrime group launched a highly sophisticated Bitcoin-stealing phishing campaign -- HaoBao -- which targeted global financial organisations and Bitcoin users.

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cryptocurrency
North Korean hacker group stole $571 mn in crypto attacks. Pixabay

Amid growing crypto-jacking episodes, a North Korean hacking group called Lazarus has stolen cryptocurrencies worth more than half a billion dollars.

According to The Next Web that cited findings from the annual report of cybersecurity vendor Group-IB late on Friday, Lazarus was behind 14 hacking attacks on cryptocurrent exchanges since January 2017 — stealing $571 million.

Lazarus is a hacking group which has been linked to a string of attacks against everything from banks to government agencies across the world.

Hackers targeted cryptocurrency exchanges with spear phishing, social engineering, and malware.

Cryptocurrency
Experts: Cyber attacks Growing Increasingly Sophisticated. Pixabay

“Spear phishing remains the major vector of attack on corporate networks. For instance, fraudsters deliver malware under the cover of CV spam [with an attachment] that has a malware embedded in the document,” the findings showed.

Group-IB expects the number of targeted attacks on cryptocurrency exchanges to rise, and not just the ones from Lazarus.

Nearly 10 per cent of the total funds raised by Initial Coin Offering (ICO) platforms over the past year and a half have been stolen.

According to the report, large phishing groups are capable of stealing $1 million a month.

Fraudsters are even building fake websites using stolen cryptocurrency project descriptions and plagiarized white papers.

bitcoin-, Cryptocurrency
You cannot expect to rush into cryptocurrency trading and think you will make a huge
investment worth millions. Pixabay

“Fraudulent phishing-schemes involving crypto-brands will only get more complex as well as cybercriminals’ level of preparation for phishing attacks,” the group warned.

Security researchers have claimed that North Korea-based advanced persistent threat (APT) groups are increasingly attacking financial institutions and Bitcoin exchanges.

There were on average five new threat samples every second that resulted in a massive 629 per cent growth in cryptojacking and other cryptocurrency mining malware in the first quarter of 2018.

The coin miner malware grew a stunning 629 per cent to 2.9 million in the first quarter of 2018, from around 400,000 total known samples in Q4 2017, said a recent report from global cyber security firm McAfee.

Also Read: Is Investing in Bitcoin Safe? Get The Basics First

The Lazarus cybercrime group launched a highly sophisticated Bitcoin-stealing phishing campaign — HaoBao — which targeted global financial organisations and Bitcoin users.

When recipients open malicious email attachments, an implant would scan for Bitcoin activity and establishes an implant for persistent data gathering and crypto mining. (IANS)