Malta falls victim to North Korea cyberattack – ABC News

Tista' taqra bil- Malti.

ABC News has reported that U.N. experts are investigating at least 35 instances in 17 countries of North Koreans using cyberattacks to illegally raise money for weapons of mass destruction programs, one of which is Malta.

The Australian News Agency stated that thirteen countries suffered one attack, being Malta, Costa Rica, Gambia, Guatemala, Kuwait, Liberia, Malaysia, Nigeria, Poland, Slovenia, South Africa, Tunisia and Vietnam.

Last week, The Associated Press quoted a summary of a report from the experts which said that North Korea illegally acquired as much as $2 billion from cyber activities against financial institutions and cryptocurrency exchanges. It added that South Korea is believed to have received the majority of attacks, suffering 10 North Korean cyberattacks. India is believed to follow, with three attacks, and Bangladesh and Chile with two each.

Methods of cyberattacks

Mainly, modern cyberattacks usually come in one of three ways. The first option is an attack through the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system used to transfer money between banks, “with bank employee computers and infrastructure accessed to send fraudulent messages and destroy evidence.”

Another option is by theft of cryptocurrency “through attacks on both exchanges and users.”

ABC News also added that “mining of cryptocurrency as a source of funds for a professional branch of the military” is now also a new and efficient way of initiating cyberattacks.

In Chile, experts said that North Korean hackers demonstrated “increasing sophistication in social engineering,” by using LinkedIn to offer a job to an employee of the Chilean interbank network Redbanc, which connects the ATMs of all the country’s banks.

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