By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Security Parrot - Cyber Security News, Insights and ReviewsSecurity Parrot - Cyber Security News, Insights and Reviews
Notification
Latest News
OpenAI may use Associated Press archive for AI training
July 14, 2023
EU users can hold conversations with Google Bard from training set
July 14, 2023
Aptos, the new default font for Microsoft Office
July 14, 2023
BlackLotus UEFI bootkit sources published on GitHub
July 14, 2023
Hackers from the XDSpy cyber-espionage group attacked Russian organizations on behalf of the Ministry of Emergency Situations
July 14, 2023
Aa
  • News
  • Tutorials
  • Security InsiderComing Soon
  • Expert InsightComing Soon
Reading: Vietnamese APT group goes into mining along with cyber espionage operations
Share
Security Parrot - Cyber Security News, Insights and ReviewsSecurity Parrot - Cyber Security News, Insights and Reviews
Aa
Search
  • News
  • Tutorials
  • Security InsiderComing Soon
  • Expert InsightComing Soon
Follow US
Security Parrot - Cyber Security News, Insights and Reviews > News > Vietnamese APT group goes into mining along with cyber espionage operations
apt-group-threatit
News

Vietnamese APT group goes into mining along with cyber espionage operations

Last updated: 2020/12/02 at 11:48 AM
Jim Koohyar Biniyaz Published December 2, 2020
Share
apt-group-threatit
SHARE

APT groups are not limited to Iran, Russia, China and North Korea, and a recent study from Microsoft confirms this. In a recently published report, the company’s specialists talked about a cybercriminal group, funded by the Vietnamese government, which uses cryptocurrency miners along with cyber espionage tools.

Cybercriminal group Bismuth, also known as APT32 and OceanLotus, has been active since 2012. Almost all of her activities consisted of conducting complex hacker operations both in Vietnam and abroad, in order to collect information that could help the government in making economic and political decisions. However, according to a Microsoft report, Bismuth changed its tactics this summer.

According to the researchers, in July-August 2020, the group began using the Monero cryptocurrency miner in attacks on private and government organizations in Vietnam and France. Why Bismuth decided to change its tactics is unknown, but experts have two versions.

The first version is that hackers deliberately began to use miners to disguise cyber espionage operations as ordinary cybercriminal campaigns that do not deserve the close attention of information security experts. The second version is that cybercriminals are looking for new ways to profit from systems that have been compromised in the course of cyber espionage operations.

The second version is quite consistent with the global trend – in recent years, APT groups from China, Russia, Iran and North Korea have carried out cyber attacks not only for cyber espionage purposes, but also for personal financial gain. Under the protection of the government, these groups feel impunity and operate from countries with which their goals do not have an extradition agreement.

Since Vietnam also does not have an extradition treaty with the United States, Bismuth’s cybercrime activities should be expected to expand. Moreover, according to experts, in the next decade Vietnam can become a center of cybercrime and a major player in the field of cyber espionage.

Weekly Updates For Our Loyal Readers!

TAGGED: APT, cyber espionage, cybercriminal, Monero
Jim Koohyar Biniyaz December 2, 2020
Share this Article
Facebook Twitter Email Copy Link Print

Archives

  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • February 2023
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020

You Might Also Like

News

OpenAI may use Associated Press archive for AI training

July 14, 2023
News

EU users can hold conversations with Google Bard from training set

July 14, 2023
News

Aptos, the new default font for Microsoft Office

July 14, 2023
News

BlackLotus UEFI bootkit sources published on GitHub

July 14, 2023

© 2022 Parrot Media Network. All Rights Reserved.

  • Home
  • Parrot Media Group
  • Privacy Policy
  • Terms and Conditions
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?