Trump admin praises Microsoft and Facebook for disabling North Korean Cyber Threats

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Facebook and Microsoft received utmost praise from the Trump administration for disabling a majority of Cyber Threats generated from/by North Korea since the beginning of 2017.

White House Homeland Security adviser Tom Bossert was the official who disclosed this fact to the American media on behalf of White House administration on Tuesday and asked both the technology companies to keep up the good work.

From past few days, government officials from UK and US are busy blaming North Korea for WannaCry Ransomware Cyber Attack of May this year. They say that the law enforcement of the respective countries has enough evidence to prove North Korean cyber army behind the said ransomware attack.

At this point, Tom Bossert said that Facebook took down accounts and stooped the operational execution of ongoing cyber attacks, thus, playing an active part in blocking cyber attacks from spreading on a further note. He hailed the company for its timely preventive measures and applauded them to the core.

Bossert also said that Microsoft also played an active role in patching existing attacks, not just the WannaCry Attack initially and hoped that such cooperation is also offered by other tech companies when it comes to his countryā€™s Cyber Security Defense.

Perhaps the security advisor was indirectly referring to the non-cooperation of Apple Inc when it comes to data sharing with the law enforcement if/when the need arises.

Reuters published a similar report on Tuesday and added in it that its sources have a very high level of confidence that a hacking entity known as Lazarus Group, funded by the North Korean government was behind WannaCry Ransomware attack.

Meanwhile, South Korean bitcoin exchange website YouBit said that it has become a victim of a cyber attack for the second time in this year, which probably is the work of state-funded actors of North Korea. The Cryptocurrency Exchange said that the attack was launched from an IP address leading to an ISP hosted in North Korea and the stolen crypto was wired to a bitcoin web wallet holding an account located in Russia.

The South Korean Intelligence Service said that the second attack has paralyzed YouBit to such an extent that it could face bankruptcy. More details on the refund process of the digital currency to the victimized customers of YouBit will be made available on an official note by the end of this month.

Cybersecurity Insiders learned that US law enforcement under the leadership of Donald Trump has agreed to cordially work with the government of South Korea to stop the malign intentions of North Korea and Kim Jong Un on Nuclear tests and cyber attacks.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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