Categories
Uncategorized

North Korea Is The Biggest Suspect Of The Hacked South Korean Stock Exchange

According to the report of the Australian Institute of Strategic Operations, the North Korean regime officially supports over 1,700 hackers and the 5,000 who support them.

North Korea is seen as one of the biggest suspects of the cyber attack on the South Korean stock market Youbit (not Yobit) last week.

Youbit stock market was attacked by hackers last Tuesday. attack, and the hackers seized 17 percent of the assets in the stock market.

Youbit was also targeted by hackers in April, and again North Korean hackers were blamed for this attack.

After these two attacks, Youbit decided to stop the transactions completely and closed the stock market.. The exchange also stated that coins other than Bitcoin were not affected by the attack because they were stored in a “cold wallet”.

After these bad news, the South Korean police and security agency also launched an investigation on the subject. According to Bloomberg’s report, evidence pointing to the same person was found between the attack in April and the attack last week.. Relevant authorities stated that all possibilities, including the possibility of an attack by North Korea, are being investigated.

The Wall Street Journal, on the other hand, published a report stating that North Korean hackers were responsible for the attack.

This With the increasing security concerns and unconfirmed Bitcoin transactions after the attack, the value of the digital coin decreased from $ 19,000 to $ 16,500. It is stated that the software attack named “WannaCry” affected thousands of people.

Earlier this week, the US officially blamed North Korea for the WannaCry attack, while the British government announced that it was confident that North Korea was responsible for this WannaCry attack.

The Weakness of Security in the Cryptocurrency World

In the rapidly digitalizing world, the use of cryptocurrencies will constantly expand. snow. Still, that doesn’t change the fact that the cryptocurrency world has major security flaws.. In this one-month period, we witnessed the cyber-attack of NiceHash and theft of $64 million, the hacking of $31 million worth of Tether, and the closing of the Youbit exchange.

No matter how high the profit margin of cryptocurrencies is, nothing exchange cannot be held responsible for stolen coins. While investing, it is beneficial to invest knowing this risk.

Pamukkale, Kamilkoç, Metro and Ulusoy take the wheel on June 4th

Leave a Reply

Your email address will not be published. Required fields are marked *