North Korean Hackers Target a Growing Number of Crypto Investors
According to a recent report, North Korean hackers have been targeting cryptocurrency investors by posing as officials and journalists. Between March and October, these hackers targeted around 19 victims, stealing their user IDs and profiles to log into their cryptocurrency trading accounts. They also used more than 147 proxy servers to execute crypto mining programs. This is not the first time these hackers have engaged in such activities. Last year, they used malicious software to steal cryptocurrencies through ransomware attacks.
In response to this growing threat, the police have closed down 42 fake websites operated by North Korean hackers in collaboration with the Korea Internet & Security Agency. Additionally, they will be sharing a list of the servers used by these hackers with the government’s intelligence and cyber experts.
Hackers Impersonating Officials on the Rise in Recent Times
The report also highlights a concerning trend of hackers impersonating government officials for financial gains. In one instance, North Korean hackers sent emails pretending to be an assistant of Rep. Tae Yong-ho, a former North Korean diplomat who defected to South Korea.
This rise in hacking activities from North Korea aligns with previous reports that Lazarus Group, a notorious hacking group backed by the North Korean government, transferred millions of dollars across different blockchain networks. These hackers controlled multiple Bitcoin addresses holding a significant amount of BTC.
Hot Take: North Korean Hackers Pose a Serious Threat to Crypto Investors
As the cryptocurrency market continues to grow, so does the threat from hackers. The recent report on North Korean hackers targeting crypto investors is a reminder that individuals must remain vigilant when engaging in cryptocurrency activities. By posing as officials and journalists, these hackers exploit trust and gain access to sensitive information and assets. It is crucial for individuals to practice good cybersecurity hygiene, such as using strong passwords and enabling two-factor authentication. Additionally, government agencies and cybersecurity experts must work together to identify and mitigate these threats to protect the interests of crypto investors.
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