North Korean Hackers Steal 48.2 Billion Yen ($308 Million) from DMM Bitcoin Using TraderTraitor Malware

Dec 23, 2024, 10:10 PM

A cyber attack attributed to a North Korean hacking group has resulted in the theft of approximately 48.2 billion yen ($308 million) in cryptocurrency from DMM Bitcoin, a Japan-based company. The incident was confirmed by the National Police Agency of Japan, which stated that the attackers utilized social engineering techniques to compromise the company's systems. Following the breach, TraderTraitor malware was employed to facilitate the theft. The FBI, in collaboration with international partners, is also involved in the investigation, underscoring the global implications of the incident. The police have condemned the attack and are working with U.S. authorities to identify the responsible hacking group.