Days in Operation:
Hackers have stolen roughly $1.9 million from South Korean cryptocurrency platform KLAYswap after they pulled off a rare and clever BGP hijack against the server infrastructure of one of the platform’s providers. The BGP hijack—which is the equivalent of hackers hijacking internet routes to bring users on malicious sites instead of legitimate ones—hit KakaoTalk, an instant messaging platform popular in South Korea. The KLAYswap attack is different because it didn’t target KLAYswap itself, but the server infrastructure of KakaoTalk, a service the platform was using for marketing and as a way of communicating with users during tech support operations.
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