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Kaspersky Lab researchers on Monday established a connect between a 2016 cyber espionage attack on South Korea's defense agency and a subsequent attack that infected 60 ATMs and stole the data from over 2,000 credit cards.
Further, the malicious code and techniques used in both attacks share similarities with earlier attacks widely attributed to the infamous Lazarus group, responsible for series of devastating attacks against commercial and government organisations around the world.
In August 2016, a cyber attack on South Korea's Ministry of National Defense infected around 3,000 hosts. The Defense Agency reported the incident publically in December 2016, admitting that some confidential information could have been exposed.
Six months later, at least 60 ATMs in South Korea, managed by a single local vendor, were compromised with malware. The incident was reported by the Financial Security Institute and, according to the Financial Supervisory Service, resulted in the theft of the details of 2,500 financial cards and the illegal withdrawal in Taiwan of approximately USD 2,500 from these accounts.
Kaspersky Lab researched the malware used in the ATM incident and discovered that the machines were attacked with the same malicious code used to hit the Korean Ministry of National Defense in August 2016.
Exploring the connection between these attacks and earlier hacks, Kaspersky Lab found similarities with the Dark Seoul malicious operations, and others, which are attributed to the Lazarus hacking group. The commonalities include the use of the same decryption routines and obfuscation techniques, overlap in command and control infrastructure, and similarities in code.
Lazarus is an active cybercriminal group believed to be behind a number of massive and devastating cyber attacks worldwide, including the Sony Pictures hack in 2014 and the USD 81 million Bangladesh Bank heist last year.
"While neither the military nor the ATM attacks were huge and damaging, they are evidence of a worrying trend. South Korea has been the target of cyber espionage attacks since at least 2013, but this is the first time that its ATMs have been targeted purely for financial gain. If the connections we found are accurate, this is yet another example of the Lazarus group turning its attention and considerable malicious arsenal to profiteering. Banks and other financial institutions need to fortify their defenses before it's too late," said Seongsu Park, Senior Security Researcher at Kaspersky Lab's Global Research and Analysis Team (GReAT).
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)