South Korea’s National Intelligence Service (NIS) has recently detected advanced hacking attempts by North Korean cyber groups targeting critical government agencies and high-tech enterprises to steal confidential data and core technologies. In response, the NIS has urged affected industries to strengthen their cybersecurity measures. According to a press release on Tuesday, North Korean hacking groups […]
Bybit, one of the world’s largest cryptocurrency exchanges, has suffered a massive hack resulting in the theft of $1.5 billion in digital assets, primarily Ethereum. The breach occurred when an attacker exploited security vulnerabilities during a routine transfer from Bybit’s offline cold wallet to a warm wallet. While all other wallets remain secure, the incident […]
On Thursday, the U.S. Justice Department indicted two North Korean nationals and three accomplices in a scheme in which they fraudulently secured remote IT jobs with U.S. companies with the aim of generating revenue for the North Korean regime. Over the past few years, The Readable has closely monitored cyber threats from the hermit nation […]
South Korean police are investigating a group of North Korea-affiliated hackers for their involvement in stealing approximately 250 files of data related to the nation’s defense technologies. On December 4, the Seoul Metropolitan Police stated in a press release that North Korean-affiliated cybercriminals carried out attacks against multiple South Korean companies, including those in the […]
The United States Treasury Department imposed sanctions on Wednesday on a virtual currency mixer, accusing it of assisting a North Korean hacking group to launder its illicit proceeds. On November 29, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) stated that the sanctioned mixer, named Sinbad.io, was a “key money laundering tool” for the […]
A North Korean state-sponsored hacking group compromised more than 1,400 individuals through an email phishing attack and then used the stolen credentials to steal digital assets, according to the South Korean police on Wednesday. On November 22, the Korean National Police Agency (KNPA) disclosed the result of their ongoing investigation into a North Korean hacking […]
Security vulnerabilities discovered in a popular authentication software application have been exploited by North Korean hacking groups despite an unusual warning issued to South Korean users four months ago, the National Intelligence Service (NIS) said on Tuesday. In a joint operation intended to fortify Korea’s national security, the NIS has joined forces with antivirus software […]
South Korea, the United States, and Japan will launch a high-level cyber consultative group to jointly respond to global cyber threats, according to South Korea’s presidential office on Monday. The establishment of the trilateral body occurred following the Camp David agreement reached in August, a concord in which the three nations agreed to create a […]
The spokesperson of South Korea’s ruling party called for the government to form deeper ties with the international community to help address the threat of cyberattacks out of North Korea. Jung Kwang-jae, a representative of the People Power Party, expressed his concerns over recent escalation in illegal cyber activities originating from or facilitated by North […]
North Korean state-sponsored cyber groups, broadly referred to as the “Lazarus Group,” appear to have recently restructured themselves in an effort to accelerate internal cooperation, according to the cybersecurity firm Mandiant. Enhanced cooperation among the “Lazarus Group” has led to several advantages for the hacking collective, such as improved resource sharing and attributional complexity, warns […]
A North Korean state-sponsored hacking group allegedly took over a private email account belonging to one of the workers at South Korea’s electoral regulator and misused it to steal confidential information, according to South Korea’s intelligence agency on Tuesday. The National Intelligence Service (NIS) disclosed in a press briefing that in April of 2021 the […]
North Korean hackers have been targeting South Korean shipbuilding industry intensively with an aim to reinforce their maritime force, South Korean intelligence agency revealed on Wednesday. The National Intelligence Service did not confirm whether the hackers succeeded in stealing industrial secrets, but said they spotted multiple attempts over the last two months. “North Korean hackers […]
Washington D.C. ― mWISE ― While Pyongyang continues to finance its nuclear weapons development through cyber extortion tactics like ransomware attacks and cryptocurrency heists, security experts are sounding the alarm on a recent shift in North Korean hacking methods. The new approach doesn’t rely on technical prowess, but rather employs simple disguises to pose as […]