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

Stellar Development Foundation Makes Strategic Investment in Marketnode

On October 29, the Stellar Development Foundation announced a strategic investment in Marketnode to enhance institutional access to tokenized investment products in the Asia-Pacific region.

user avatarJesper Sørensen

Tokenization Efforts in Wall Street Face Challenges

Tokenization efforts on Wall Street face challenges as major companies opt out, highlighting volatility and illiquidity in the market.

user avatarRajesh Kumar

NYSE Partners with Avalanche for Tokenized Securities Platform

The New York Stock Exchange has partnered with Avalanche to create a tokenized securities platform, aiming for 24/7 trading and settlement, pending regulatory approval.

user avatarLucas Weissmann

Block Reaches Agreement in Principle with DOJ Over AML Allegations

Block, the payments company known for Cash App and Square, has reached an agreement in principle with the US Department of Justice regarding allegations of failing to maintain an effective anti-money laundering program.

user avatarFilippo Romano

Arkham Intelligence Highlights Institutional Holdings in Ethereum and Solana

Arkham Intelligence's update reveals significant institutional holdings in Ethereum and Solana, indicating a shift in investment strategies beyond Bitcoin.

user avatarEmily Carter

Arkham Intelligence Reveals $3 Billion in Institutional Crypto Holdings

Arkham Intelligence has identified and labeled approximately $3 billion in cryptocurrency assets held by major investment funds, enhancing transparency in institutional crypto investments.

user avatarEmily Carter

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.