Lazarus Group Hackers Targeting South Korea Again

The latest report published by Recorded Future unveils the details of how North Korean hackers Lazarus Group were attacking South Korean crypto exchanegs users
18 January 2018   231

Lazarus is a cybercrime group of an unknown number of individuals, which is not much known about, but the researchers believe that there is a large number of cyber attacks undertaken by the group, including WannaCry attack.

The representatives of Recorded Future, a system which automatically serves up relevant insights in real time and at unparalleled scale with its own patented technology, have published a report on January 16 linking the Lazarus Group to attacks on cryptocurrency Bitcoin and Monero users mostly in South Korea.

The report states that Lazarus Group has continued to attack South Korean cryptocurrency exchanges and users in late 2017, and this campaign also targeted South Korean college students interested in foreign affairs and part of a group called “Friends of Ministry of Foreign Affairs".

Lazarus Group in the Recorded futureLazarus Group in the Recorded Future

Moreover, it was reported that the malware used shared code with Destover malware, which was used against Sony Pictures Entertainment in 2014 and the first WannaCry victim in February 2017.

As it was also stated in a report, the dropper of the attack exploited the Ghostscript vulnerability, CVE-2017-8291, and also the tactic of spear-phishing lures containing a malware which were sent to South Korean students and users of exchanges like Coinlink. If the user opened the malware it stole their email addresses and passwords.

This late-2017 campaign is a continuation of North Korea’s interest in cryptocurrency, which we now know encompasses a broad range of activities including mining, ransomware, and outright theft.

Recorded Future report

In general, Lazarus Group and North Korean hackers are blamed for $ 7 million theft from Bithumb in February 2017 and 17% of Youbit exchange assets stolen by cyber attacks following an earlier attack in April 2017.

UCLA Blockchain Crypto Conference to be Held in LA

The UCLA Conference will be held on February 17-18 of 2018, gathering together the most experienced and exciting thinkers
17 February 2018   174

UCLA's Blockchain Lab and Far from LA are holding the Blockchain Cryptocurrency Conference, gathering together the most experienced and exciting thinkers across SoCal, in order to foster both economic and educational progress. The conference will concern cybersecurity, cryptocurrencies, and blockchain.

The UCLA Conference will be held on February 17-18 of 2018.

Location: The University of California, Humanities Building, 415 Portola Plaza, UCLA 90095, Los Angeles

The headline speakers will include Kathleen Breitman, the co-founder of Tezos; Sandra Ro from UWIN Lab; David Moss from EOS; Jeremy Rubin, the Bitcoin core developer, and many more.

The agenda of the conference is as follows: the future of blockchain keynote, bringing humanity to the blockchain, cybersecurity, autonomous vehicles, blockchain's influence on the development of art and culture, blockchain in the music industry, government adoption of blockchain around the world, and more.