N Korea stole $300m in crypto to fund nukes: UN report

A confidential UN report claimed that North Korea has stolen more than $300 million worth of cryptocurrencies through cyberattacks in recent months to support its banned nuclear and ballistic missile programmes. -Reports AFP

Compiled by a panel of experts monitoring sanctions on Pyongyang, the report said the country’s “total theft of virtual assets from 2019 to November 2020 is valued at approximately $316.4 million”, citing a UN member state. 

Financial institutions and exchanges were hacked to generate revenue for Pyongyang’s nuclear and missile development, said the report, which was seen by AFP. 

The vast majority of the proceeds came from two thefts late last year. 

The North is known to operate an army of thousands of well-trained hackers who have attacked firms, institutions and researchers in South Korea and elsewhere. 

It has also been accused of exploiting its cyber capabilities for financial gain. 

The North is under multiple sets of international sanctions over its banned nuclear weapons and ballistic missile programmes, which have made rapid progress under leader Kim Jong Un. 

A summit between Kim and then-US President Donald Trump in Hanoi in February 2019 broke down over sanctions relief and what Pyongyang would be willing to give up in return. 

Nuclear talks have been stalled ever since, while the North showed off several new missiles at military parades in October and last month when Kim pledged to strengthen his nuclear arsenal.

The UN panel said it was investigating a September 2020 hack against a cryptocurrency exchange that resulted in $281 million worth of cryptocurrencies being stolen. 

A second cyberattack siphoned off $23 million a month later.

“Preliminary analysis, based on the attack vectors and subsequent efforts to launder the illicit proceeds strongly suggests links to the DPRK,” the report said, using the initials for the North’s official name.

Pyongyang’s cyberwarfare abilities first came to global prominence in 2014 when it was accused of hacking into Sony Pictures Entertainment as revenge for “The Interview”, a satirical film that mocked leader Kim.

The attack resulted in the posting of several unreleased movies as well as a vast trove of confidential documents online.

The North is also blamed for a huge, $81 million cyber-heist from the Bangladesh Central Bank, as well as the theft of $60 million from Taiwan’s Far Eastern International Bank.

The North’s hackers have allegedly stepped up campaigns to raise funds by attacking cryptocurrency exchanges as the value of bitcoin and other cybercurrencies soared.

They were blamed for the 2017 WannaCry global ransomware cyberattack, which infected some 300,000 computers in 150 nations encrypting user files and demanding hundreds of dollars from their owners for the keys to get them back.Pyongyang has denied the accusations, saying it has “nothing to do with cyber-attacks”. - AFP Source:https://www.daily-bangladesh.com

Read More........ → February 10, 2021

Mexico`s ex-governor shot dead in restaurant’s toilet

Aristoteles Sandoval, the former governor of Mexico’s troubled western state of Jalisco was shot dead in a restaurant bathroom in the popular beach resort of Puerto Vallarta on Friday.

State attorney general Gerardo Octavio Solis said that Sandoval was dining with four others when at around 1:40 am he got up from the table and went to the toilet, where the killer shot him in the back. 

Although only one gunman fired at Sandoval, he may have been accompanied by as many as nine accomplices who waited outside the restaurant, Solis said. 

Meanwhile, The Guardian reported that Sandoval did not die immediately, but when his bodyguards tried to evacuate him from the restaurant, their escape was blocked by more gunmen in the street outside, who opened fire, seriously injuring one of the bodyguards. The former governor died soon afterwards at a local hospital. 

According to officials, Sandoval had 15 police bodyguards assigned to him as well as bulletproof vehicles. Two of the bodyguards were present but were outside the restaurant when the attack took place. 

Solis said that staff at the restaurant cleaned the crime scene, removing blood and bullet casings, and erasing video of the attack. “There are no clues - they practically swept the place clean,” Solis told Televisa. He said eight to 10 suspects were involved in the attack but did not indicate who was responsible.

Jalisco is the heartland of one of Mexico’s most powerful criminal gangs, the Jalisco New Generation Cartel. The gang controls much of the state since it rose to power during the former governor’s term from 2013 to 2018. Mexico has been marred by gang violence for years. More than 34,500 murders were reported last year, but the country already set a new record as during the first six months of 2020 there were more than 17,400 murders - a 1.7 percent increase compared with the same period last year. - Aljazeera, The Guardian Source: https://www.daily-bangladesh.com

Read More........ → December 20, 2020

Gunmen attack in Naigeria school, hundreds missing

Hundreds of students feared missing after unidentified gunmen attacked a secondary school in north-western Nigeria on Friday evening.

No student was injured in the attack, said authority.

Witnesses said that the attackers targeted the Government Science Secondary School - where more than 800 students are said to reside - in Katsina state on Friday evening.

On Saturday, the military said it had located the gunmen's hideout in a forest and exchanged gunfire with them.

The outcome was unclear but officials said there were no reports of students being injured. However, witnesses said they saw a number of students being taken away by the gunmen.

In a statement on Saturday, police said that during an exchange of fire, some of the gunmen were forced to retreat. Students were able to scale the fence of the school and run to safety, they said.About 200 students who had fled - and were initially deemed missing - later returned. One police officer was taken to hospital after being shot and wounded, police said. Source: https://www.daily-bangladesh.com/

Read More........ → December 15, 2020