At the time one customer claimed more than a million dollars’ worth of digital currency was stolen.
Claire Finkelstein, a national security expert and faculty director at the University of Pennsylvania’s Centre for Ethics and the Rule of Law told Buzzfeed News: “This is very consistent with what I would expect North Korea to be doing.”
Luke McNamara, a senior analyst with FireEye, also said: “I see there being two macro drivers of this threat activity.”
But he added: “You also have cryptocurrencies appreciating significantly since the beginning of the year. So you see cryptocurrency exchanges, particularly in South Korea, becoming a logical target.”
Ms Finkelstein warned that Bitcoin is a “high-risk currency” because it can be “easily manipulated” making it attractive to a “criminal” Kim Jong-un regime.
She continued: “And when you combine the fact that the North Korean government operates substantially like a criminal enterprise, it’s not at all surprising to learn that they’re very interested in cryptocurrencies.”
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