FBI: North Korean Hackers Targeting Crypto Companies

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by Giorgi Kostiuk

2 years ago

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  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.

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