• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

North Korea Targets Crypto Industry: 'Hidden Risk' Attack

user avatar

by Giorgi Kostiuk

a year ago


Researchers have identified a new attack named 'Hidden Risk', targeting cryptocurrency companies and linked to North Korea's Lazarus Group.

Phishing Emails and Advanced Malware Techniques

The 'Hidden Risk' campaign disguises phishing emails as notifications about new articles in the crypto field and updates on the DeFi market trends. These fake emails, seemingly from legitimate organizations, urge victims to click on links promising PDFs, but instead, they install malware on macOS computers. This malware uses valid Apple Developer IDs to bypass the Gatekeeper system, allowing it to persistently run in the background and create hidden connections to North Korean servers.

Vulnerabilities in Blockchain Platforms

The BlueNoroff group, part of the Lazarus Group, has earned credit for stealing millions of dollars to fund North Korea's programs by exploiting vulnerabilities in decentralized financial platforms and the blockchain industry as a whole. In response, the FBI issued warnings asking financial companies to remain alert to phishing and social engineering from North Korean cyber actors, particularly in the DeFi and ETF sectors.

Conclusions and Increasing Threats

The 'Hidden Risk' attack highlights the necessity of bolstering cybersecurity in the crypto industry. North Korean hackers' continually improving skills pose a serious threat, and organizations should constantly refine their protective systems to counter phishing attacks and social engineering.

The 'Hidden Risk' campaign serves as a warning for the crypto industry to reinforce defenses against increasingly sophisticated cyber-attacks.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Price Declines Amid Bear Market

chest

Bitcoin's price is significantly below its all-time high, indicating a bear market.

user avatarAisha Farooq

Bitcoin Sharpe Ratio Indicates Market Conditions

chest

The Bitcoin Sharpe Ratio is at a historically low level, suggesting high risks for current investors.

user avatarTenzin Dorje

CFTC Expands Eligible Margin Collateral to Include National Trust Bank Issued Stablecoins

chest

The CFTC has updated its advisory to recognize payment stablecoins issued by national trust banks as eligible margin collateral.

user avatarBayarjavkhlan Ganbaatar

Digital Asset Firms Push for National Bank Charters to Enhance Credibility

chest

Digital asset firms are competing for national bank charters to enhance credibility and expand services under federal oversight.

user avatarElias Mukuru

Bitcoin Mining Difficulty Sees Major Drop Amid Price Struggles

chest

Bitcoin mining difficulty has dropped significantly, marking the largest adjustment since China's crackdown on mining.

user avatarMohamed Farouk

SWIFT Tests XRP Integration for Enhanced Payment Systems

chest

SWIFT is testing the integration of the XRP Ledger to enhance cross-border payment efficiency.

user avatarDiego Alvarez

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.