US Army Reveals North Korea Has More Than 6,000 Hackers
US Army Reveals North Korea Has More Than 6,000 Hackers
August 19, 2020
US Army Reveals North Korea Has More Than 6,000 Hackers
US Army Reveals North Korea Has More Than 6,000 Hackers
August 19, 2020

The US Army has revealed that North Korea has more than 6,000 hackers stationed in countries such as Belarus, China, India, Malaysia, Russia, among others.

It has been reported that the operations of four subdivisions are overseen by “Bureau 121,” the cyber warfare guidance unit of the hermit nation.

However, the report, named “North Korean Tactics” suggests that the hackers don’t exclusively launch cyberattacks from North Korea itself, as the country lacks the IT infrastructure to deploy the massive campaigns.

The “financial crime division” called the Bluenoroff Group has around 1,700 members and is dedicated to crypto crimes “by concentrating on long-term assessment and exploiting enemy network vulnerabilities.”

Likewise, the Lazarus Group has conducted numerous high profile cryptocurrency exchange hacks and unleashed the WannaCry malware between 2016 and 2017. It was also behind the infamous Sony Pictures hack.

ALSO READ :  Unstoppable Domains Partners With MyEtherWallet Offering .Crypto Domains

According to the report, its mission is to “create social chaos by weaponizing enemy network vulnerabilities and delivering a payload if directed to do so by the regime.” The US Army was unable to estimate how many hackers are in the division.

Thus, the North Korea-based cybercriminals are suspected to be using untraceable privacy coins to convert stolen funds into cash.

Source: Cointelegraph | Image: Reddit


Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Huobi Labuan Launches Trading Services In Malaysia

Huobi Labuan Launches Trading Services In Malaysia

The new Huobi Labuan is launching trading services in Malaysia shortly after having secured a digital asset trading brokerage service license from their authorities in September 2020. It has been reported that for an...

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.