FireEye: North Korea's Stealing Cryptocurrency

[Guest]

FireEye revealed that groups that appear to be sponsored by North Korea have targeted South Korean cryptocurrency exchanges and service providers.

FireEye: North Korea's Stealing Cryptocurrency : Read more

 

[bloodroses]

I can just see the N. Korea's slogan now:
"Cryptocurrency: funding all our nuclear needs"

Hopefully this issue gets tackled soon.

 

[bit_user]

DPRK has long been a source of high-quality counterfeit bills. I think this is just a sign of them trying to not to be left behind, as the world transitions away from paper currency.

Unfortunately, cryptocurrencies are resilient against counterfeiting, meaning they have to resort to tactics akin to that of a high-tech pickpocket or con artist. Since mining is highly energy-intensive and requires good connectivity, it would be a bad move for them.

Even without ICBMs and H-bombs, the only way anyone can do anything about North Korea is to make it more painful and costly for China to keep coddling them. Their conventional weapons deterrent is already quite effective. For decades, they've had the capability to flatten Seoul, without using a single nuke. That's already a price no one wants to pay.

So, besides sanctions (which only seem to make them mad), the only things you can do are to use cyberwarfare and go after China. Cyber is tricky, because by virtue of being so far behind the rest of the world, they have the tactical advantage of a very small attack surface. China is tricky because if you're not careful, they'll hurt you worse.

 

[SockPuppet]

Yes, a military that puts 80% of it's resources and personnel parading along the same spot twice per year to appease the child-like fascinations of their man-child leader would just be SO hard to take out.

 

[bloodroses]

Yes, a military that puts 80% of it's resources and personnel parading along the same spot twice per year to appease the child-like fascinations of their man-child leader would just be SO hard to take out.

Taking him out isn't the hard part. It's the global backlash that would come from it that's the hard part. Unless Kim actually does attack something, the US invading would look seriously bad in the eyes of the world. The other bad thing is if NK is nuke capable, even a successful invasion on them will be retaliated by a possibly innocent area getting nuked in spite.

 

[ratticon]

That possessive apostrophe in the article title is misleading...

 

[Christopher1]

Bloodroses hit the nail on the head. Getting rid of Kim Jong Un would not be the hard part. The hard part would be keeping various military officials from launching North Korea's nukes as an "F' you!" to the global community expecting that the global community would try to arrest them and charge them for working for Un.

 

[sonoma95446]

Time to send the N Korean President are A+ gift of love boooom

 

[sonoma95446]

Everybody in N Korea is thin. Big Guy needs a special or 2 dropped on him now. Booom