FBI: North Korean Hackers Targeting Crypto Companies

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. North Korean Hackers' Targets
  2. Tactics and Methods
  3. Precautionary Measures


    4. The United States Federal Bureau of Investigation (FBI) has issued a paper alerting the public of 'aggressive' attacks from North Korean hackers against the crypto industry and companies associated with digital asset investment products.

    North Korean Hackers' Targets

    North Korean hackers utilize sophisticated social engineering tactics targeting employees of cryptocurrency companies and market participants. These attacks include detailed preparation and research on targets, allowing hackers to undertake cyber activities through company employees.

    For companies associated with the cryptocurrency sector, the FBI emphasizes North Korea employs sophisticated tactics to steal cryptocurrency funds and is a persistent threat to organizations with access to large quantities of cryptocurrency-related assets or products.U.S. Agency

    Tactics and Methods

    Before attempting to gain unauthorized access to company networks and devices, hackers search for potential victims on social media, particularly professional networking and employment-related platforms. They use personal details about their targets to create scenarios such as new employment or investment offers, which appear attractive to the victims.

    Precautionary Measures

    After establishing contact with targets, hackers aim to build familiarity and trust. When the victims are least expecting it, they deliver malware to devices or networks. The FBI advises crypto firms to remain vigilant and take preventative measures to avoid significant harm.

    To increase the credibility of their impersonations, the actors leverage realistic imagery, including pictures stolen from open social media profiles of the impersonated individual. These actors may also use fake images of time-sensitive events to induce immediate action from the intended victims.U.S. Agency

    The FBI continues to monitor cyber activities of North Korean hackers and recommends cryptocurrency companies to take necessary measures to protect against such attacks.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Thailand's SEC Takes Action Against Bitget for Unlicensed Operations

Thailand's SEC has filed a criminal complaint against BG Limited for allegedly operating the cryptocurrency exchange Bitget without a license.

user avatarAndrew Smith

VanEck Sees Buying Opportunity in Bitcoin Mining Stocks After Market Correction

VanEck sees a buying opportunity in Bitcoin mining stocks after a market correction, citing limited electricity capacity and delays in grid connections as potential advantages.

user avatarZainab Kamara

Bitcoin Mining Stocks Plummet Amid AI Infrastructure Concerns

Bitcoin mining companies that expanded into AI infrastructure saw an average stock price decline of 35% in October 2023 due to market fears about rising borrowing costs and economic uncertainties.

user avatarJacob Williams

Proposed Loss Carryforward Mechanism for Cryptocurrency Investments

South Korean government officials proposed a three-year loss carryforward mechanism for cryptocurrency investments to create a balanced taxation approach.

user avatarTando Nkube

Samsung Wallet Introduces Stablecoin Functionality for Galaxy Users

Samsung Wallet has launched a feature for US Galaxy users to manage stablecoin accounts, allowing them to buy, hold, send, and receive USDC on the Solana blockchain.

user avatarSon Min-ho

Evernorth Registers 737 Million Shares, Raising Concerns Over Stock Pressure

Evernorth has registered up to 737 million shares for potential resale, raising concerns about selling pressure on its stock.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.