• 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

Launch of OP Token Buyback Program Set for February 2025

chest

The Optimism Foundation is set to launch the OP token buyback program in February 2025, allocating half of net sequencer profits to purchase OP tokens from the open market.

user avatarMaria Fernandez

Global Economic Risks Identified by Russian Analysts

chest

The Roscongress Foundation outlines various potential black swan events that could impact the global economy, including geopolitical tensions and economic instability in Europe.

user avatarRajesh Kumar

Optimism Governance Approves OP Token Buyback Plan

chest

The Optimism governance community has approved a plan to tie the value of its OP token to the network's financial performance through a buyback program.

user avatarMaria Fernandez

USDC Leads the Downturn in Stablecoin Market

chest

USDC has experienced a significant drop in market capitalization, falling by more than $4 billion over the past ten days due to US-related regulatory uncertainty.

user avatarMiguel Rodriguez

Potential Market Impact of Coinbase and Kalshi Collaboration

chest

The collaboration between Coinbase and Kalshi is projected to create a market impact of $37 billion by 2025 and $10 billion in revenue by 2030.

user avatarLuis Flores

CopperInu Token Faces Significant Volatility Post-Launch

chest

CopperInu token has shown significant volatility post-launch, raising concerns about insider trading.

user avatarMaria Gutierrez

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.