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Report: North Korean Hackers Created Realistic Trading Bot to Steal Money

Published 02/05/2020, 07:06 AM
Updated 02/05/2020, 08:42 AM
Report: North Korean Hackers Created Realistic Trading Bot to Steal Money

The North Korean hacking team Lazarus Group targeted several crypto exchanges last year, Chainalysis reports. One of the attacks involved the creation of a fake, but realistic trading bot website that was offered to employees of DragonEx exchange.

In March 2019 the hackers stole approximately $7 million in various cryptocurrencies from Singapore-based DragonEx exchange. Though a relatively small sum, the hackers went to great lengths to obtain it.

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