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Hackers Behind $680,000 Favrr Exploit Unveiled

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by Giorgi Kostiuk

2 days ago


Recent data recovered from a compromised North Korean IT worker has revealed details about the group responsible for the $680,000 Favrr hack.

Introduction to the Situation

Blockchain analyst ZachXBT discovered that details from the worker's device contained evidence of the hackers' methods and plans. Utilizing Google tools and remote access, the hackers attempted to infiltrate crypto companies.

Methods of the Hackers

The compromised device revealed that the six-member team employed 31 fake identities, including government-issued IDs and phone numbers. They used Google Sheets to track budgets and schedules, while special tools helped obscure their location like AnyDesk and VPN.

Remote Work as a Cover

North Korean IT workers used legitimate remote work to infiltrate the crypto industry. By posing as freelance developers, they gained access to systems and code repositories. Documents found on the device indicated their preparations for job interviews, thus allowing them to successfully secure positions.

The Favrr hack represents a significant incident in the cryptocurrency space, highlighting the need for vigilant security measures and the potential for unauthorized access.

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