Japan and US accuse North Korea of cryptocurrency theft worth millions.
The theft of $300 million from the Japanese exchange DMM Bitcoin has sparked an international investigation, with Japan and the U.S. pointing to North Korea as the likely culprit. The attack has been attributed to the Lazarus Group, a well-known cyber group. Using social engineering techniques, the hackers managed to breach DMM Bitcoin’s systems and make off with 4,502.9 bitcoins. This incident serves as a stark reminder of the susceptibility of companies to targeted deception tactics.
North Korea, with its well-established cyber network including Bureau 121, a group of over 6,000 members operating globally, is believed to be behind this attack. Authorities are dedicated to addressing these illegal activities that support the North Korean regime, underscoring the growing threat of cybercrime and the necessity for international collaboration to protect the integrity of the global financial system.
