Premium Invest Hub
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
Popular Topics
  • Occupied West Bank rocked by day of violence as gunmen kill three Israeli settlers and reprisal attacks reported
  • Azerbaijan’s leader accuses Russia of passenger jet crash ‘cover up’ in blistering new attack on neighbor
  • Spanish woman killed by elephant in Thailand while bathing animal, police say
  • US adds Chinese tech giants to list of companies allegedly working with China’s military
  • Bad news for homebuyers in the Northeast and Midwest

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    Premium Invest Hub
    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy
    • Investing

    Gov’t Servers in South Korean City ‘Infected with Crypto Mining Malware’

    • January 16, 2024

    Source: iuliia_n/Adobe

    Crypto mining malware has been found on two government servers in the South Korean city of Daejeon, an audit has found.

    Per MBN, the nation’s Ministry of Public Administration and Security commissioned biannual audits of the city government’s servers.

    During the most recent audit, in June last year, auditors found that Daejeon City’s “information system was infected with malicious code.”

    The code, they said was “used for purposes such as virtual currency mining.”

    Map adapted from work by TUBS. (CC BY-SA 3.0)

    The auditors said they had found “a series of cyber breaches” on two of the city’s servers.

    They said that one of the compromised servers was “infected with” mining malware that made use of “exposed” administrator account passwords.

    Another server, they said, had been used “as a hacking transit point.” The point allowed attackers to “further infect” the network with crypto mining malware.

    The city’s cyber response team said they had detected “abnormal” activities “within eight days.”

    The team then quarantined the network and discovered the malicious code. It then reported details to the National Intelligence Service (NIS).

    The NIS is South Korea’s top intelligence agency, and deals with breaches of public data.

    The auditors, however, stated that a lack of “additional security measures” had allowed hackers to strike with impunity.

    Police Catch South Korea’s ‘$3.5m Nursing Care Fund Crypto Thief’

    Breaking down the details

    — Cryptonews.com (@cryptonews) January 11, 2024

    Security ‘Oversights’ Let Crypto Miners Hack South Korean Servers?

    The audit team noted that the city had failed to use “secure” administrator account password protection.

    And the team said that 98 of the city’s 467 information system server devices had “not undergone necessary annual diagnostic checks.”

    South Korea seeks to choke off a potential flood of speculative cash heading to US spot Bitcoin ETFs, stoking confusion and hitting a slew of stocks https://t.co/mGR6r7xSxD

    — Bloomberg Crypto (@crypto) January 15, 2024

    The ministry ordered the Daejeon Mayoral Office to “thoroughly carry out related work” to “prevent the recurrence of similar cases in the future.”

    In 2021, citizens in Seoul were shocked by the news that a government employee had been using city-provided energy to mine Ethereum (ETH) underneath the country’s most prestigious opera house.

    Inspectors found the two ETH mining rigs with sophisticated graphics cards. The devices were connected to power outlets in a basement under the opera house’s Calligraphic Art Museum.

    The post Gov’t Servers in South Korean City ‘Infected with Crypto Mining Malware’ appeared first on Cryptonews.

    Previous Article
    • Investing

    Coin Center Responds to Scathing Letter from Elizabeth Warren

    • January 15, 2024
    View Post
    Next Article
    • Latest News

    Speaker Johnson demands firing of federal workers reportedly staging pro-Palestinian walkout

    • January 16, 2024
    View Post

      Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


      By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

      Popular Topics
      • Occupied West Bank rocked by day of violence as gunmen kill three Israeli settlers and reprisal attacks reported
      • Azerbaijan’s leader accuses Russia of passenger jet crash ‘cover up’ in blistering new attack on neighbor
      • Spanish woman killed by elephant in Thailand while bathing animal, police say
      • US adds Chinese tech giants to list of companies allegedly working with China’s military
      • Bad news for homebuyers in the Northeast and Midwest
      Copyright © 2025 premiuminvesthub.com | All Rights Reserved
      • About us
      • Contact us
      • Privacy Policy
      • Terms & Conditions

      Input your search keywords and press Enter.