Blockchain analytics firm Arkham Intelligence said North Korea’s Lazarus Group was behind Bybit’s $1.46 billion hack. In an earlier post on social media platform X, Arkham offered a bounty of 50,000 ARKM tokens for anyone who could identify the attackers for Friday’s hack.
Later, the platform said onchain sleuth ZachXBT submitted “definitive proof” that the attackers were the North Korean hacker group. “His submission included a detailed analysis of test transactions and connected wallets used ahead of the exploit, as well as multiple forensics graphs and timing analyses,” the post said.
Read more…
Source: Coindesk News
Related:
- Crooks Combine Phishing and Impersonation For Higher Success Rate
September 12, 2018
While phishing continues to be the prevalent threat in malware-less email-based attacks, cybercriminals refine their methods by adding an impersonation component to increase the success rate against company employees. Phishing emails are easy to deploy and do not require other preparation from the attacker than crafting a vague message that is sufficiently convincing for a large ...
- Osiris Banking Trojan Displays Modern Malware Innovation
September 12, 2018
Osiris’ fundamental makeup positions it in the fore of malware trends, despite being based on old source code that’s been knocking around for years. After staying dormant for few years, the Kronos banking trojan resurfaced in July in a form dubbed Osiris. A wider analysis of how the banking trojan is evolving shows innovative development on ...
- Bad Actors Sizing Up Systems Via Lightweight Recon Malware
September 11, 2018
These stealthy downloaders initially infect systems and then only install additional malware on systems of interest. Well-known financial crime gang Cobalt Group and other threat actors have recently shifted tactics to incorporate lightweight modular downloaders that “vet” target machines for their attractiveness before proceeding with a full-fledged attack. The emergence of the AdvisorsBot and Marap malwares, as ...
- British Airways breach caused by the same group that hit Ticketmaster
September 11, 2018
A cyber-criminal operation known as Magecart is believed to have been behind the recent card breach announced last week by British Airways. The operation has been active since 2015 when RisqIQ and ClearSky researchers spotted the malware for the first time. The group’s regular mode of operation involves hacking into online stores and hiding JavaScript code that steals payment card information entered ...
- Mirai, Gafgyt IoT botnets stab systems with Apache Struts, SonicWall exploits
September 10, 2018
New variations of Mirai and the Gafgyt botnet are harnessing new vulnerabilities to compromise IoT devices, including the security flaw which caused the 2017 Equifax data breach. On Sunday, researchers from the Palo Alto Networks Unit 42 team said in a blog postthat new variants of the botnets have been upgraded with a slew of exploits designed to ...
- BA hacked: 380,000 card payments ‘compromised’ in breach
September 7, 2018
Shares of British Airways’ parent company IAG fell around 4% as markets opened on Friday morning, hours after the airline said the credit card information of at least 380,000 customers had been “compromised” in a data theft. More than £500m was wiped of the airline group’s market value as a result, before the share price rallied ...