Quote from: graylexstamit on June 19, 2019, 05:40:33 AM

https://www.ccn.com/bitcoin-crime/russian-hackers-mastermind-530-million-coincheck-theft/2019/06/18/

The most interesting to me is that Russia is one of the weakest countries in blockchain and all this crypto stuff but the best hackers are all Russian.

I am not surprised of this latest revelation on who really made that biggest hack ever that transpired in Japan's CoinCheck. North Korea is likewise known to have the best hackers and they are always on the top of suspects whenever something like this happen but we now know better on the CoinCheck incident. I guess this whole thing will go on until there will be cryptocurrency exchanges around as the incentive or the prize can be so huge...hackers who have the talent, time and focus will do everything on their powers to enter the hive and steal the honey. It is now imperative to all exchanges to fortify their defenses at all fronts.

It is amazing how a simple once act by an unsuspecting employee of CoinCheck led to the loss of many millions of dollars. It must be the standard policy of the exchange for all of their employees not to download and install anything without clearance from the above.

"The hack was a result of the crypto exchanges employees installing infected software on their computers. The hackers reportedly sent emails to the employees containing viruses such as Mokes and Netwire, who unwittingly installed the malware on their machines and caused a massive financial loss."