Tuesday November 20, 2018

North Korea launches a new over-seas project : A museum in Cambodia

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Siem Reap Province, Cambodia: Trailing towards one of Asia’s most iconic tourist destinations, Cambodia’s Angkor Wat Temple complex, one will now come across another surprise lying in wait for them.

https://youtu.be/3W__Ks89Y9U

And it is the newly inaugurated The Angkor Panorama Museum, which is funded and produced by Mansudae Art studio, undoubtedly the most prestigious in all of North Korea. The rooms are unfolded in a 360 degrees angle which will show the eyes an all-round display of seamlessly glowing 3D structures crafted in a style of 2D paintings. The scenery depicts the historical era from the Khmer Civilizations, one that Cambodia hold as its golden period.

As astonishing as it may sound the artist, the plans and the whole design was laid out and borne by the nation of North Korea. Mansudae Art Studio declares it as their one of the largest over-seas project and had already invested more about 26 million into the Museum. After the cost has been recouped by the studio, the rest of the revenue will eventually pass entirely back to the Government of Cambodia.

Mansudae has established over a thousand art including statues all over North Korea like the one of its supreme Communist leader Kim Jong Il and also abroad like the construction of Namibia’s New State house. Though not everyone is happy with the decision like Koryo Studios’s Nicholas Bonner, who mostly deals with the East-Asian galleries, is of the opinion that the deals of such kind are more about commerce and propaganda.

While some from the Human Rights groups feel that the museum is acting itself as an exponent of one of the world’s most depressive regimes.

On the other hand, the museum authorities are hopeful that such comments will not deter the masses from visiting and appreciating the art that the museum offers. (The video is brought to you by NewsGram in collaboration with Board of Broadcasting Governors.)

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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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Although fears of a blanket block on services have not materialized, industry experts say VPN connections often face outages 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)