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North Korean Hackers Stole $571 Million Worth of CryptoCoins

North Korean Hackers Stole $571 million worth of CryptoCoins in Less Than 24 months. Lazarus team, a group of elite hackers educated by the North Korean government, has made headlines again. Lazarus has been strongly linked with the hacking of CoinCheck exchange, with an estimated $500M worth of crypto has been stolen. The weakness of the cryptocurrency exchange system is its dependence on humans, which are vulnerable to scams, phishing and even plain deception by the threat actors. It is even estimated that ten percent of all ICO fundraising ends up stolen by malicious 3rd parties.”]

Source: https://hackercombat.com/north-korean-hackers-stole-571-million-worth-of-cryptocoins-in-less-than-24-months/

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