• North Korean hackers have been targeting cryptocurrency startups using a variety of methods, including pretending to be venture capitalists.
• The hackers have been using malware to attack businesses in the Blockchain, DeFi, and FinTech industries, stealing millions of dollars in cryptocurrencies.
• Cybersecurity firm Kaspersky Lab has released a report that details the hacking techniques used by the Lazarus Group-affiliated hacker group BlueNoroff.
North Korea-affiliated hackers have been ramping up their activities in the cryptocurrency space, according to a report by cybersecurity firm Kaspersky Lab. The report details the tactics used by the hackers to target cryptocurrency startups, venture capital firms, banks, and other businesses in the Blockchain, DeFi, and FinTech industries.
The hackers, who have been given the name “BlueNoroff” by cybersecurity experts, are part of the Lazarus Group, a well-known cybercrime operation funded by the North Korean government. In order to gain access to their victims’ funds, BlueNoroff has been using a range of tactics, including pretending to be venture capitalists and building over 70 phony domains. Through these methods, the hackers have managed to steal millions of dollars worth of cryptocurrencies.
Kaspersky’s report also revealed that BlueNoroff is continuing to experiment with new file types and delivery techniques in order to facilitate their attacks. This activity has increased since the start of the year, with BlueNoroff becoming increasingly active in the cryptocurrency space.
The report serves as a reminder of the importance of implementing robust security measures and educating users on the dangers of phishing and other cyber threats. It also highlights the need for stronger regulation of the cryptocurrency industry to ensure that the funds of investors and users are kept safe from malicious actors.