A security firm has found evidence that North Korea may be using mining software to obtain Monero and transfer it to a Pyongyang university.
Running a regime while sidestepping pesky sanctions is an expensive endeavor and one that North Korea seems to have plenty of experience in. However, according to a California-based cybersecurity firm, cryptocurrency could be a cost-effective solution.
Sneaky Monero Mining
ABC News recently reported that the firm, AlienVault, discovered a crypto mining software application, which appeared to be created last month, being unknowingly installed on victims’ computers. The mined crypto in question, Monero, was then transferred to Kim Il-sung University in Pyongyang.