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North Korea's Lazarus Group Was Responsible for Half of Cryptocurrency Thefts in 2020

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North Korea's Lazarus Group Was Responsible for Half of Cryptocurrency Thefts in 2020

Microsoft issues 56 fixes on Patch Tuesday, Authorities bust eight people for high-profile SIM swapping attacks on celebrities, Researcher breached over 35 major companies in supply chain attack, more

Cynthia Brumfield
Feb 10, 2021
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Check out my latest CSO Online column that lays out the importance of funding and cybersecurity training for water utilities in the wake of the Oldsmar attack. While you’re at it, don’t forget to subscribe to gain access to premium features.

Research firm Chainanalysis says that North Korean hacking team the Lazarus Group carried out the biggest cryptocurrency theft of last year, absconding with at least $265 worth of cryptocurrency from exchange KuCoin, representing half of all cryptocurrency stolen in 2020.

Chainanalysis says it could trace the thefts back to the Lazarus Group by following how the money was laundered. (Thomas Brewster / Forbes)

Related: IB Times, The Register, The Korea Times News, South China Morning Post, Digital Journal, Teller Report, France 24, Associated Press Technology, Devdiscourse News Desk, CyberNews, Chainanalysis

Microsoft issued at least 56 fixes for security holes in its Windows operating systems and other software, with one of the bugs actively exploit…

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