{"id":530375,"date":"2022-12-22T19:27:45","date_gmt":"2022-12-22T16:27:45","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/north-korean-hacking-activity-ceases-after-regulators-implement-kyc-report\/"},"modified":"2022-12-22T19:27:45","modified_gmt":"2022-12-22T16:27:45","slug":"north-korean-hacking-activity-ceases-after-regulators-implement-kyc-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/north-korean-hacking-activity-ceases-after-regulators-implement-kyc-report\/","title":{"rendered":"# North Korean hacking activity ceases after regulators implement KYC &#8211; Report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2e24f60dc05\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2e24f60dc05\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/north-korean-hacking-activity-ceases-after-regulators-implement-kyc-report\/#%E2%80%9D_North_Korean_hacking_activity_ceases_after_regulators_implement_KYC_%E2%80%93_Report_%E2%80%9C\" >&#8221; North Korean hacking activity ceases after regulators implement KYC &#8211; Report &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_North_Korean_hacking_activity_ceases_after_regulators_implement_KYC_%E2%80%93_Report_%E2%80%9C\"><\/span>&#8221; North Korean hacking activity ceases after regulators implement KYC &#8211; Report &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-71d2d00b>According to a new press report <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nis.go.kr:4016\/CM\/1_10\/view.do?seq=461&amp;currentPage=1&amp;selectBox=&amp;searchKeyword=&amp;fromDate=&amp;toDate=#selectListForm\">published<\/a> by South Korea&#8217;s National Intelligence Service (NIS), North Korean hackers have stolen more than 800 billion Korean won ($620 million) worth of cryptocurrencies from decentralized finance, or DeFi, platforms this year. The agency also revealed it blocked a daily average of 1.18 million attacks perpetrated by national and international hacking organizations in November.\u00a0<\/p>\n<p>However, a NIS spokesperson <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.khan.co.kr\/politics\/politics-general\/article\/202212221632001\">revealed<\/a> via local <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> outlet Kyunghyang Shinmun that all of the $620 million stolen by North Korean hackers through DeFi exploits occurred overseas, adding:\u00a0<\/p>\n<blockquote><p>&#8220;In Korea, virtual asset transactions have been switched to real-name transactions and security has been strengthened, so there is no damage.&#8221;<\/p><\/blockquote>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-12\/c4e86272-9bd1-4c8e-9544-b023563f4190.png\"><figcaption style=\"text-align: center;\"><em>Many funds have been lost in DeFi exploits this year. Source: Token Terminal<\/em><\/figcaption><\/figure>\n<p>In 2021, South Korea implemented new know-your-customer (KYC) cryptocurrency trading rules requiring clients to create a real-name account with the same bank as their cryptocurrency exchange to deposit or withdraw funds. Both the bank and the exchange are then required to verify the client&#8217;s identity. In addition, exchanges must obtain a license from the Financial Services Commission before commencing operations.<\/p>\n<p>North Korean hacker syndicates, such as Lazarus Group, have been linked to a number of high-profile DeFi breaches this year, such as the $100 million Harmony attack. Experts said that such attacks are a means of generating foreign currency reserves in the face of strict commercial sanctions imposed by the international community. The NIS also warned that North Korean cyber attacks would intensify next year:<\/p>\n<blockquote><p>&#8220;It is necessary to analyze attacks as closely as defenses. Because one hacker organization has all the attack information and does not forget it. It is necessary to gather information related to malicious code scattered by various attackers to find meaningful insights.&#8221;<\/p><\/blockquote>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/north-korean-hacking-activity-ceases-after-implementing-kyc-report\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; North Korean hacking activity ceases after regulators implement KYC &#8211; Report &#8220; According to a new press report published by South Korea&#8217;s National Intelligence Service (NIS), North Korean hackers have stolen more than 800 billion Korean won ($620 million) worth of cryptocurrencies from decentralized finance, or DeFi, platforms this year. The agency also revealed&#8230;<\/p>\n","protected":false},"author":1,"featured_media":530376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2022-12\/f391e31a-5395-4a7f-b2bc-93cb57c94b49.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,74882,117],"class_list":["post-530375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-hacks","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/530375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=530375"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/530375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/530376"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=530375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=530375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=530375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}