April 25, 2024
Security News

New Report Exposes How North Korean Hackers Use Cloud Computing to Launder Crypto Loot – Should You Be Worried?

North Korean hackers are renting cloud-based mining services to launder their stolen crypto funds amid the recent clampdown on crypto mixing services.  According to a report by Google-owned cybersecurity firm Mandiant, Pyongyang-based hacking group APT43, also known as Kimuski, buys cloud mining services with its stolen funds to produce clean crypto with no blockchain-based connections for law enforcement to trace.... Read More: New Report Exposes How North Korean Hackers Use Cloud Computing to Launder Crypto Loot – Should You Be Worried?