The South Korean Intelligence Service provides exchanges with information about security the term securities refers to a fungible and tradable financial instrument that carries a type of monetary value. breaches to their platforms.
South Korea’s state intelligence agency now provides cryptocurrency trading platforms with information about attempts to breach their cybersecurity.
The aid for the country’s crypto exchanges comes in the wake of growing threats, reported news agency Yonhap and also Bitcoin.com.
Upbit, Bithumb, Korbit y Coinone The four major Korean currency currency is a medium of exchange that defines value. trading platforms have received real-time access to available information on online security threats. The data presents the addresses of Internet Protocol the set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a blockchain. (IP) associated with the hacking attacks, the intelligence agency detailed.
Cyber threats are being identified in both the public and private sectors, NIS said, and noted that are directly related to the national security of the Republic of Korea. The agency emphasized the importance of addressing such threats and revealed:
“In the future, we plan to provide and share more specialized information, including the latest malicious code the action of coding is to write programming statements for a program. and hacking hacking is the process of using a computer to manipulate another computer or computer system in an unauthorized fashion. methods related to virtual assets.”
Hacking from North Korea
South Korean cryptocurrency exchanges, along with financial institutions, have been a prime target for hackers allegedly controlled by North Korea . According to a United Nations report prepared by independent sanctions monitors and presented to the Security Council in early February, cyberattacks on currency trading platforms continue to be a major source of funds for the Democratic People’s Republic of Korea (DPRK).
“DPRK cyber actors stole more than USD $50 million between 2020 and mid-2021 from at least three cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. exchanges in North America, Europe and Asia” the authors said. They also cited the analysis firm Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. Chainalysis, which estimated that North Korea had appropriated nearly $400 million in digital digital technologies are these electronic tools that have the ability to generate, store or even process data. assets through attacks on several cryptocurrency companies last year. In fact, in 2020, the U.S. Department of Justice notified that was trying to tap 280 crypto accounts in an attempt to seize millions of dollars in stolen digital currencies linked to North Korean hackers.
It is worth remembering that there is even more momentum in the crypto world in South Korea after this month’s turn out to be election victor Yoon Suk-Yeol, a candidate of the conservative party, which is friendly to digital assets. That’s why protection is also important, so that bad actors don’t take advantage of the moment.
Version of DiarioBitcoin
Imagen de Unsplash