Eastern European Hackers Responsible For $200M Worth Of Stolen Cryptocurrency

Eastern European Hackers Responsible For $200M Worth Of Stolen Cryptocurrency

Gate Trade News Sunday, June 28, 2020 34 0

An unknown cybercriminal group from Eastern Europe has stolen nearly $200 million from cryptocurrency exchanges based primarily in the US, Japan, and Israel, a report revealed.

 

According to the report citing the research compiled by the cybersecurity firm ClearSky, the unknown group referred to as “CryptoCore” has frequently been hacking digital asset exchanges since mid-2018 to present day.

 

The research outlined that the continuous rise of digital assets has inevitably made cryptocurrency exchanges targets “for constant attacks. 

 

Threat actors of all kinds try to infiltrate corporate networks for reconnaissance, ransomware deployment, and plainly to steal money from those exchanges, specifically from their hot wallets.”