Cyber Warfare has not remained a hidden or deniable fact now, every country has anticipation to take an edge by hook or by crook
Recently two citizens of South Korea have been arrested under the charge of stealing confidential military secrets and sharing them with a North Korean spy. Reports are that this spy paid the South Korean citizens in cryptocurrencies for the information. One of the two arrested people is an executive at a crypto exchange company who has received a staggering amount of $600,000 for his works since last year. However the South Korean authorities have not caught the spy from North Korea but they believe that he is operating overseas.
As per the details shared by the South Korean police and prosecution officials that exchange head surnamed Lee had contracted the alleged spy in July last year to help him get the military secrets. It’s been said they have possibly met online six years ago at a crypto community and they two had also failed once while trying to hack the military communication system of South Korea.
Since they were unable to perform their task, therefore, the executive hired a military captain of around 29 years old. The military captain was directed to take pictures of the data related to military information using a camera which was disguised in his watch and which he would send via ‘Poison tap’, a powerful USB computer hacking apparatus.
The South Korean authorities said that the military captain has given login information of some crucial institutions like the Korean Joint Command and Control System to crypto exchange executive Lee and the spy agent. Although authorities did not reveal any details regarding the theft data.
Allegedly, the military captain was paid around $38,000 in cryptocurrencies in exchange for his efforts. Now both the South Korean citizens were arrested this month earlier and now will face criminal charges for violating the National Security Act of South Korea and a long jail time of several years.
When it comes to the notorious countries for conducting illicit activities like cyberattack or hacking, North Korea pops up and tops the such list. It helps the country to steal digital assets or cryptocurrencies from decentralized finance protocols. Previously this month, the Federal Bureau of Investigation had announced that the company named Lazarus Group was behind attacking the Ronin Bridge in association with North Korea. The attack was reported on 29th March and that compromised digital assets worth $620 million.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.