Axios: How North Korea perfected the crypro heist

πŸ‡°πŸ‡΅ How North Korea perfected the crypto heist
 
Animated illustration of a pixelated coin rotating to reveal a pixelated skull and crossbones on the other side.
Illustration: Brendan Lynch/Axios
 
The world’s biggest crypto heist is the latest feat by North Korean hackers who have spent years perfecting an arsenal of financial theft, social engineering and sophisticated cyberattacks.

Why it matters: The suspected North Korean hackers behind the $6.3 billion Binance theft appear to have combined familiar hacking tactics with extraordinary speed and automation, Axios’ Sam Sabin reports

πŸ”­ The big picture: Nth Korean government hackers have spent more than a decade carrying out financial heists and diorsruptive cyberattacks, turning cryptocurrency theft into an industrial-scale operation.

The country has intensified its focus on pillaging crypto exchanges, in part because digital assets can be transferred and laundered across borders more easily β€” although such attacks can leave more of a paper trail.

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About michelleclarke2015

Life event that changes all: Horse riding accident in Zimbabwe in 1993, a fractured skull et al including bipolar anxiety, chronic fatigue …. co-morbidities (Nietzche 'He who has the reason why can deal with any how' details my health history from 1993 to date). 17th 2017 August operation for breast cancer (no indications just an appointment came from BreastCheck through the Post). Trinity College Dublin Business Economics and Social Studies (but no degree) 1997-2003; UCD 1997/1998 night classes) essays, projects, writings. Trinity Horizon Programme 1997/98 (Centre for Women Studies Trinity College Dublin/St. Patrick's Foundation (Professor McKeon) EU Horizon funded: research study of 15 women (I was one of this group and it became the cornerstone of my journey to now 2017) over 9 mth period diagnosed with depression and their reintegration into society, with special emphasis on work, arts, further education; Notes from time at Trinity Horizon Project 1997/98; Articles written for Irishhealth.com 2003/2004; St Patricks Foundation monthly lecture notes for a specific period in time; Selection of Poetry including poems written by people I know; Quotations 1998-2017; other writings mainly with theme of social justice under the heading Citizen Journalism Ireland. Letters written to friends about life in Zimbabwe; Family history including Michael Comyn KC, my grandfather, my grandmother's family, the O'Donnellan ffrench Blake-Forsters; Moral wrong: An acrimonious divorce but the real injustice was the Catholic Church granting an annulment – you can read it and make your own judgment, I have mine. Topics I have written about include annual Brain Awareness week, Mashonaland Irish Associataion in Zimbabwe, Suicide (a life sentence to those left behind); Nostalgia: Tara Hill, Co. Meath.
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