DPRK Hackers Impersonate Government Agencies and Journalists
South Korean law enforcement has revealed that hackers from North Korea impersonated government agencies and journalists in South Korea in order to steal cryptocurrency. These hackers used email phishing techniques to carry out their fraudulent activities on unsuspecting victims.
DPRK Hackers Target Crypto Assets
The South Korean National Police Agency reported that the North Korean hackers specifically targeted people’s crypto assets. Between March and October 2023, these rogue actors stole information from nearly 1,500 victims, most of whom were from the private sector. Some of the victims were retired or incumbent government officials. The hackers posed as officials from various organizations to send phishing emails with clickbait to their targets.
Hackers Use Malware to Steal Personal Data
When recipients opened the scam emails or clicked on attached files, their computers would become infected with malware. This allowed the hackers to steal personal data and information. Additionally, the attackers gained access to cryptocurrency trading accounts by seizing user IDs and profiles belonging to 19 individuals.
South Korean Law Enforcement Increases Efforts
Although there is no information about the exact assets stolen or their value, South Korean law enforcement has pledged to intensify its efforts to combat these illegal cyber activities. The police will collaborate with relevant institutions and agencies to track down North Korea’s cyber attacks and prevent further losses.
Lazarus Group’s Crypto Stash Worth $60 Million
The Lazarus Group, a hacking group linked to North Korea, has been targeting blockchain engineers with a new macOS malware. This group is responsible for major hacks in the crypto industry, including an attack on CoinEx resulting in a loss of around $55 million.
The Lazarus Group currently holds almost $60 million worth of cryptocurrencies, with the majority being in bitcoin (BTC) valued at $56.15 million. They also hold ETH, BNB, BUSD, and AAVE.
Hot Take: North Korean Hackers Exploit Phishing Techniques to Steal Crypto
South Korean law enforcement has uncovered a series of cyber attacks carried out by North Korean hackers who impersonated government agencies and journalists. These hackers targeted individuals’ crypto assets using email phishing techniques, infecting victims’ computers with malware to steal personal data and information. The hackers also gained access to cryptocurrency trading accounts by seizing user IDs and profiles. South Korean authorities are doubling down on their efforts to combat these illegal activities and prevent further losses. Meanwhile, the notorious Lazarus Group, also linked to North Korea, continues its hacking spree, with a crypto stash worth nearly $60 million. It is crucial for crypto users to remain vigilant against phishing attempts and ensure the security of their digital assets.
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