North Korean hackers are steal $ 400 million of cryptocurrency in last year.

North Korean hackers stole $ 400 million (29 291 million) worth of digital assets last year. At least seven attacks on cryptocurrency platforms were reported last year, according to a report. Cryptocurrency is a digital payment system that does not rely on banks to verify transactions. It is a peer-to-peer system where anyone can send and receive payments anywhere. Chainalysis (Blockchain Analysis Company) says 2021 will be one of the most successful years for cybercriminals in the closed East Asian state. The attacks mainly targeted investment companies and centralized exchanges. North Korea routinely denies involvement in the hack attacks attributed to them.

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"From 2020 to 2021, the number of hackers based in North Korea increased from four to seven, and the value of these hacks increased by 40%," Chainalysis said in a report. The company says hackers used a number of techniques, including phishing, code exploitation, and malware, to obtain funds from organizations' "hot" wallets, which were then taken to controlled addresses in North Korea. Cryptocurrency hot wallets are connected to the Internet and the cryptocurrency network, so there is a risk of unauthorized access. They are used to send and receive cryptocurrency and allow users to see how many tokens they have. Many experts recommend transferring large amounts of non-essential cryptocurrencies day by day to "cold" wallets that are disconnected from the wider Internet. Chainalysis said most of the attacks last year were carried out by the so-called Lazarus group. The Lazarus Group is a hacker group against which the United States has imposed sanctions. The group is believed to be controlled by the Reconnaissance General Bureau, North Korea's primary intelligence agency. The Lazarus group has previously been accused of "WannaCry" ransomware attacks, hacking international bank and customer accounts, and cyber-hacking of Sony Pictures in 2014. The United Nations, which oversees sanctions against North Korea, has accused Pyongyang of using stolen funds for nuclear and ballistic missile programs as a way to prevent international sanctions. Separately, in February last year, the United States charged three North Korean computer programmers with massive hacking with the intent to steal more than $ 1.3 billion and cryptocurrencies. The Department of Justice says the cyber-attacks have affected companies ranging from banks to Hollywood studios.

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