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North Korean malware email seen behind Coincheck theft

Hackers plant software that steals customer info, South Korean spy agency says

SOTARO SUZUKI, Nikkei staff writer | North Korea

SEOUL -- North Korean hackers likely deployed malware-laced email to steal 58 billion yen ($529 million) worth of cryptocurrency from Japanese exchange service provider Coincheck, according to South Korean intelligence.

The country's National Intelligence Service explained to lawmakers Monday how North Korea operates in cryptocurrency thefts. Hackers send virtual currency service providers or customers email containing malware or directing readers to malicious websites, installing software to steal passwords and other customer data. Malware is often sent in the form of a job application given that cryptocurrency companies are expanding rapidly to keep up with the booming market.

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