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2 Chinese Charged with Laundering $100 Million for North Korean Hackers

2 Chinese Charged with Laundering $100 Million for North Korean Hackers

Mar 03, 2020
Two Chinese nationals have been charged by the US Department of Justice (DoJ) and sanctioned by the US Treasury for allegedly laundering $100 million worth of virtual currency using prepaid Apple iTunes gift cards. According to a newly unsealed court document , the illicit funds originated from a $250 million haul stolen from two different unnamed cryptocurrency exchanges that were perpetrated by Lazarus Group , a cybercrime group with ties with the North Korean government. The two individuals in question — Tian Yinyin (田寅寅)  and Li Jiadong (李家东) — were both charged with operating an unlicensed money transmitting business and money laundering conspiracy. Prosecutors said the defendants worked on behalf of the threat actors based in North Korea to allegedly launder over a $100 million worth of stolen cryptocurrency to obscure transactions, adding the hacking of cryptocurrency exchanges posed a severe threat to the security of the global financial system. It's worth notin
North Korean Hackers Using ELECTRICFISH Tunnels to Exfiltrate Data

North Korean Hackers Using ELECTRICFISH Tunnels to Exfiltrate Data

May 10, 2019
The U.S. Department of Homeland Security (DHS) and the FBI have issued another joint alert about a new piece of malware that the prolific North Korean APT hacking group Hidden Cobra has actively been using in the wild. Hidden Cobra, also known as Lazarus Group and Guardians of Peace, is believed to be backed by North Korean government and known to launch cyber attacks against media organizations, aerospace, financial and critical infrastructure sectors across the world. The hacking group was the same associated with the 2017 WannaCry ransomware menace , the 2014 Sony Pictures hack , and the SWIFT Banking attack in 2016. Now, the DHS and the FBI have uncovered a new malware variant, dubbed ELECTRICFISH , that Hidden Cobra hackers have been using for secretly tunneling traffic out of compromised computer systems. The malware implements a custom protocol configured with a proxy server/port and proxy username and password, allowing hackers to bypass the compromised system'
Code Keepers: Mastering Non-Human Identity Management

Code Keepers: Mastering Non-Human Identity Management

Apr 12, 2024DevSecOps / Identity Management
Identities now transcend human boundaries. Within each line of code and every API call lies a non-human identity. These entities act as programmatic access keys, enabling authentication and facilitating interactions among systems and services, which are essential for every API call, database query, or storage account access. As we depend on multi-factor authentication and passwords to safeguard human identities, a pressing question arises: How do we guarantee the security and integrity of these non-human counterparts? How do we authenticate, authorize, and regulate access for entities devoid of life but crucial for the functioning of critical systems? Let's break it down. The challenge Imagine a cloud-native application as a bustling metropolis of tiny neighborhoods known as microservices, all neatly packed into containers. These microservices function akin to diligent worker bees, each diligently performing its designated task, be it processing data, verifying credentials, or
Researchers Link 'Sharpshooter' Cyber Attacks to North Korean Hackers

Researchers Link 'Sharpshooter' Cyber Attacks to North Korean Hackers

Mar 04, 2019
Security researchers have finally, with "high confidence," linked a previously discovered global cyber espionage campaign targeting critical infrastructure around the world to a North Korean APT hacking group. Thanks to the new evidence collected by researchers after analyzing a command-and-control (C2) server involved in the espionage campaign and seized by law enforcement. Dubbed Operation Sharpshooter , the cyber espionage campaign targeting government, defense, nuclear, energy, and financial organizations around the world was initially uncovered in December 2018 by security researchers at McAfee. At that time, even after finding numerous technical links to the North Korean Lazarus hacking group , researchers were not able to immediately attribute the campaign due to a potential for false flags. Researchers Analysed Sharpshooter's Command Server Now, according to a press release shared with The Hacker News, a recent analysis of the seized code and command
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WATCH: The SaaS Security Challenge in 90 Seconds

websiteAdaptive ShieldSaaS Security / Cyber Threat
Discover how you can overcome the SaaS security challenge by securing your entire SaaS stack with SSPM.
FBI Mapping 'Joanap Malware' Victims to Disrupt the North Korean Botnet

FBI Mapping 'Joanap Malware' Victims to Disrupt the North Korean Botnet

Jan 31, 2019
The United States Department of Justice (DoJ) announced Wednesday its effort to "map and further disrupt" a botnet tied to North Korea that has infected numerous Microsoft Windows computers across the globe over the last decade. Dubbed Joanap , the botnet is believed to be part of " Hidden Cobra "—an Advanced Persistent Threat (APT) actors' group often known as Lazarus Group and Guardians of Peace and backed by the North Korean government. Hidden Cobra is the same hacking group that has been allegedly associated with the WannaCry ransomware menace in 2016, the SWIFT Banking attack in 2016, as well as Sony Motion Pictures hack in 2014. Dates back to 2009, Joanap is a remote access tool (RAT) that lands on a victim's system with the help an SMB worm called Brambul , which crawls from one computer to another by brute-forcing Windows Server Message Block (SMB) file-sharing services using a list of common passwords. Once there, Brambul downloads Jo
Bank Servers Hacked to Trick ATMs into Spitting Out Millions in Cash

Bank Servers Hacked to Trick ATMs into Spitting Out Millions in Cash

Oct 03, 2018
The US-CERT has released a joint technical alert from the DHS, the FBI, and Treasury warning about a new ATM scheme being used by the prolific North Korean APT hacking group known as Hidden Cobra . Hidden Cobra, also known as Lazarus Group and Guardians of Peace, is believed to be backed by the North Korean government and has previously launched attacks against a number of media organizations, aerospace, financial and critical infrastructure sectors across the world. The group had also reportedly been associated with the WannaCry ransomware menace that last year shut down hospitals and big businesses worldwide, the SWIFT Banking attack in 2016, as well as the Sony Pictures hack in 2014. Now, the FBI, the Department of Homeland Security (DHS), and the Department of the Treasury have released details about a new cyber attack, dubbed " FASTCash ," that Hidden Cobra has been using since at least 2016 to cash out ATMs by compromising the bank server. FASTCash Hack
U.S. Charges North Korean Spy Over WannaCry and Sony Pictures Hack

U.S. Charges North Korean Spy Over WannaCry and Sony Pictures Hack

Sep 06, 2018
The U.S. Department of Justice announces criminal charges against a North Korean government spy in connection with the 2017 global WannaCry ransomware attack and the 2014 Sony Pictures Entertainment hack . According to multiple government officials cited by the NY Times who are familiar with the indictment, the charges would be brought against Park Jin Hyok , who works for North Korean military intelligence agency Reconnaissance General Bureau (RGB). The November 2014 Sony Pictures Entertainment hack was done in retaliation for the studio's production of a comedic film, " The Interview ," a comedy about two journalists who are recruited by the CIA to assassinate North Korean leader Kim Jong Un. In June 2014, the Pyongyang government also denounced the film as "undisguised sponsoring of terrorism, as well as an Act of War" in a letter to U.N. Secretary-General Ban Ki-moon. The Sony Pictures hack was devastating to the company and exposed over 200
FBI issues alert over two new malware linked to Hidden Cobra hackers

FBI issues alert over two new malware linked to Hidden Cobra hackers

May 30, 2018
The US-CERT has released a joint technical alert from the DHS and the FBI, warning about two newly identified malware being used by the prolific North Korean APT hacking group known as Hidden Cobra. Hidden Cobra, often known as Lazarus Group and Guardians of Peace, is believed to be backed by the North Korean government and known to launch attacks against media organizations, aerospace, financial and critical infrastructure sectors across the world. The group was even associated with the WannaCry ransomware menace that last year shut down hospitals and businesses worldwide. It is reportedly also linked to the 2014 Sony Pictures hack , as well as the SWIFT Banking attack in 2016. Now, the Department of Homeland Security (DHS) and the FBI have uncovered two new pieces of malware that Hidden Cobra has been using since at least 2009 to target companies working in the media, aerospace, financial, and critical infrastructure sectors across the world. The malware Hidden Cobra is
Greedy North Korean Hackers Targeting Cryptocurrencies and Point-of-Sale Terminals

Greedy North Korean Hackers Targeting Cryptocurrencies and Point-of-Sale Terminals

Dec 20, 2017
The North Korean hacking group has turned greedy. Security researchers have uncovered a new widespread malware campaign targeting cryptocurrency users, believed to be originated from Lazarus Group , a state-sponsored hacking group linked to the North Korean government. Active since 2009, Lazarus Group has been attributed to many high profile attacks, including Sony Pictures Hack , $81 million heists from the Bangladesh Bank , and the latest — WannaCry . The United States has officially blamed North Korea for global WannaCry ransomware attack that infected hundreds of thousands of computers across more than 150 countries earlier this year. In separate news, security experts have blamed Lazarus group for stealing bitcoins worth millions from the South Korean exchange Youbit , forcing it to shut down and file for bankruptcy after losing 17% of its assets. Researchers from security firm Proofpoint have published a new report, revealing a connection between Lazarus Group and a
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