U.S. Treasury Sanctions Sinbad Cryptocurrency Mixer Used by North Korean Hackers

The U.S. Treasury Department on Wednesday imposed sanctions against Sinbad, a virtual currency mixer that has been put to use by the North Korea-linked Lazarus Group to launder ill-gotten proceeds. "Sinbad has processed millions of dollars' worth of virtual currency from Lazarus Group heists,...

North Korea's Lazarus Group Launders $900 Million in Cryptocurrency

As much as $7 billion in cryptocurrency has been illicitly laundered through cross-chain crime, with the North Korea-linked Lazarus Group linked to the theft of roughly $900 million of those proceeds between July 2022 and July of this year. "As traditional entities such as mixers continue to be...

A week in security (March 25 – 31)

Last week, we looked at plugin vulnerabilities, location tracking app problems, and talked about plain text password woes. We also looked at federal data privacy regulation and took a deep dive into BatMobi Adware. Other cybersecurity news Poisoned software update headache for ASUS Source: The...