How North Korea pulled off the $6bn Binance hack | The Global Story
From BBC News.
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Last week saw what could be the biggest heist in history: $6.3bn was stolen from the cryptocurrency exchange Binance.
North Korean hackers are suspected of being behind the attack, which saw billions of dollars disappear in just 20 minutes.
It’s far from the first time North Korea has been accused of a major cyber-attack. Over the past decade, hackers linked to the country have targeted banks, public institutions and even Sony Pictures.
On The Global Story, Asma Khalid speaks with journalist Geoff White, host of the BBC investigative podcast The Lazarus Heist. He explains how this isolated country become a major player in the world of cyber-crime – and where all that money goes.
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For the latest news download the BBC News app or visit BBC.com/news
00:00 Introduction
02:14 How Binance was hacked
05:47 Why North Korea are being blamed
09:05 North Korea's hacking history
13:15 How hacking became a large part of North Korea's economy
17:10 What happened to the stolen cryptocurrency?
19:28 How concerned should the world be by North Korean hacking?
#Binance #NorthKorea #BBCNews
North Korean hackers are suspected of being behind the attack, which saw billions of dollars disappear in just 20 minutes.
It’s far from the first time North Korea has been accused of a major cyber-attack. Over the past decade, hackers linked to the country have targeted banks, public institutions and even Sony Pictures.
On The Global Story, Asma Khalid speaks with journalist Geoff White, host of the BBC investigative podcast The Lazarus Heist. He explains how this isolated country become a major player in the world of cyber-crime – and where all that money goes.
Subscribe to our channel here: https://bbc.in/bbcnews
For the latest news download the BBC News app or visit BBC.com/news
00:00 Introduction
02:14 How Binance was hacked
05:47 Why North Korea are being blamed
09:05 North Korea's hacking history
13:15 How hacking became a large part of North Korea's economy
17:10 What happened to the stolen cryptocurrency?
19:28 How concerned should the world be by North Korean hacking?
#Binance #NorthKorea #BBCNews
