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North Korean hackers stole a record $1.7B of crypto last year

economist.com

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Re: North Korean hackers stole a record $1.7B of crypto last year

#191

Post by tablespoon »

Salgat wrote: post #176
smcl wrote: post #174

Earlier quoted context omitted.

I think you're missing the point here. The expectations are through the floor, people think of the country as effectively useless and laughable, and yet it's been able to stake out a niche in cryptocurrency attacks, there may be some reasonable competency in cybersecurity attacks too. It doesn't mean it's developed (it's not), it doesn't mean it's to a country to be admired (it's not), it simply means you need to loo…

You're not making any point, you're just trying to shut down any criticisms of North Korea as not being "nuanced enough". It's a backwards country with a few niches which yes includes international theft of billions of dollars. You can find the good in anything, even a steaming pile of shit can still provide nutrition to soil. Every country has nice things about it (however few), that's stating the obvious.

> You're not making any point, you're just trying to shut down any criticisms of North Korea as not being "nuanced enough".

He is making a point: it's foolish to assume North Korea is just a bunch of starving people with no heat, living in dilapidated Soviet-style buildings.

They've built nukes. They're pretty successful at hacking. It has capabilities the defy the stereotype.

Re: North Korean hackers stole a record $1.7B of crypto last year

#192

Post by jollofricepeas »

3np wrote: post #187
jollofricepeas wrote: post #182

Earlier quoted context omitted.

Weeks is a short amount of time for security detection. Most high level threat actors are in systems for months. They’re called Advanced Persistent Threats for a reason. No snark intended.

Its not a short amount of time to realize that your treasury has been looted. They should have had monitoring in place before they had a percentage of the locked up value.

Most security professionals will tell you that even with monitoring the average MTTD is 212 days.

It’s been a big problem that needs fixing across the industry.

https://venturebeat.com/security/report-average-time-to-dete...

Re: North Korean hackers stole a record $1.7B of crypto last year

#193

Post by Salgat »

tablespoon wrote: post #191
Salgat wrote: post #176

Earlier quoted context omitted.

You're not making any point, you're just trying to shut down any criticisms of North Korea as not being "nuanced enough". It's a backwards country with a few niches which yes includes international theft of billions of dollars. You can find the good in anything, even a steaming pile of shit can still provide nutrition to soil. Every country has nice things about it (however few), that's stating the obvious.

> You're not making any point, you're just trying to shut down any criticisms of North Korea as not being "nuanced enough". He is making a point: it's foolish to assume North Korea is just a bunch of starving people with no heat, living in dilapidated Soviet-style buildings. They've built nukes. They're pretty successful at hacking. It has capabilities the defy the stereotype.

And I acknowledged that. We all know NK has a small social elite that does these things, no one has said otherwise. It's not an excuse to shut down their criticisms as a backwards country.

Re: North Korean hackers stole a record $1.7B of crypto last year

#194

Post by 3np »

jollofricepeas wrote: post #192
3np wrote: post #187

Earlier quoted context omitted.

Its not a short amount of time to realize that your treasury has been looted. They should have had monitoring in place before they had a percentage of the locked up value.

Most security professionals will tell you that even with monitoring the average MTTD is 212 days. It’s been a big problem that needs fixing across the industry. https://venturebeat.com/security/report-average-time-to-dete...

I was not referring about the timeline from the breach but the timeline from the transfer of funds, which by their nature are visible by the blockchain and even with everything else failing wouldn't this be on dashboards and part of regular monitoring anywhere else?

Re: North Korean hackers stole a record $1.7B of crypto last year

#195

Post by kelipso »

Salgat wrote: post #193
tablespoon wrote: post #191

Earlier quoted context omitted.

> You're not making any point, you're just trying to shut down any criticisms of North Korea as not being "nuanced enough". He is making a point: it's foolish to assume North Korea is just a bunch of starving people with no heat, living in dilapidated Soviet-style buildings. They've built nukes. They're pretty successful at hacking. It has capabilities the defy the stereotype.

And I acknowledged that. We all know NK has a small social elite that does these things, no one has said otherwise. It's not an excuse to shut down their criticisms as a backwards country.

Criticizing North Korea here is like saying water is wet or something. It's so incredibly boring. People aren't trying to "shut down criticism", they're trying to have an interesting conversation, hopefully without some bore saying "you do know that water is wet, right??" over and over again.

Re: North Korean hackers stole a record $1.7B of crypto last year

#196

Post by kwere »

TacticalCoder wrote: post #145

I call complete total and utter bullshit. I don't buy, for a second, this narrative that NK would have elite hackers. Do you guys realize how retarded that country is? Everytime the subject comes up I can't but say we're talking about the country where official propaganda pictures trying to make believe they have military hoovercraft (as if it was a cool thing btw) are badly photoshopped. A country with a total GDP o…

it could also easily be a chinese operation funded by triads (they are extremily huge and tolerated from the CCP) and/or "dark" chinese political factions operating from NK sharing loot with the Kims. Even if they take all their gifted kids and put them in special academis could they create the enviroment where the necessary critical thinking is developed?

Re: North Korean hackers stole a record $1.7B of crypto last year

#198

Post by danrocks »

TacticalCoder wrote: post #145

I call complete total and utter bullshit. I don't buy, for a second, this narrative that NK would have elite hackers. Do you guys realize how retarded that country is? Everytime the subject comes up I can't but say we're talking about the country where official propaganda pictures trying to make believe they have military hoovercraft (as if it was a cool thing btw) are badly photoshopped. A country with a total GDP o…

It's most likely an operation run from China with cover from the NK government.

Re: North Korean hackers stole a record $1.7B of crypto last year

#199

Post by Salgat »

kelipso wrote: post #195
Salgat wrote: post #193

Earlier quoted context omitted.

And I acknowledged that. We all know NK has a small social elite that does these things, no one has said otherwise. It's not an excuse to shut down their criticisms as a backwards country.

Criticizing North Korea here is like saying water is wet or something. It's so incredibly boring. People aren't trying to "shut down criticism", they're trying to have an interesting conversation, hopefully without some bore saying "you do know that water is wet, right??" over and over again.

Reread the original conversation. It was about how North Korea was able to achieve some rather impressive technical achievements. It wasn't until the conversation was derailed by a "well akshually NK is not that bad" that we started having to go in detail on why NK is a, yes, poor and backwards country. I didn't want or expect to have to discuss this, but if someone wants to challenge the notion, I'm going to respond.

Re: North Korean hackers stole a record $1.7B of crypto last year

#200

Post by ETH_start »

throwaway290 wrote: post #189
ETH_start wrote: post #147

Earlier quoted context omitted.

The most powerful states don't need to launder any money, since they can just pass a law legitimizing any action they do, with no need to hide the funds generated from any one else.

This is irrelevant. Anything putin gang does is legal in Russia obviously but being able to clean blood money is vital for them. That's the point of sanctions and why any way around it like crypto is a godsend to dictators.

You're missing my point. Your example doesn't contradict it.

My point is that the most powerful countries don't need to clean their dirty money to spend their money abroad, because they are the center of the world economy, and everything is available to them to buy. Russia is economically on the periphery and thus does need to clean it.

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