• 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

Urgent Call for Action on CLARITY Act as Midterm Elections Near

chest

As the midterm election campaign season approaches, key figures in the crypto industry are urging lawmakers to advance the CLARITY Act.

user avatarSon Min-ho

Bo Hines Expresses Optimism for CLARITY Act Amid Delays

chest

Former White House crypto adviser Bo Hines expresses optimism for the passage of the CLARITY Act despite current delays and challenges from the banking industry.

user avatarAyman Ben Youssef

Macro Events and Seasonal Factors Impacting Bitcoin Market

chest

Seasonal narratives and macro events are influencing Bitcoin's market performance as traders anticipate liquidity shifts.

user avatarTando Nkube

Key Macro Events to Watch for Crypto Traders

chest

This week, crypto traders should pay close attention to key macroeconomic events, including the FOMC minutes on February 18 and the PCE inflation print on February 20.

user avatarNguyen Van Long

Coinbase CEO's Stock Sales Under Scrutiny Amid Retail Investor Confidence

chest

Coinbase CEO Brian Armstrong's stock sales, totaling over $550 million, have raised concerns about retail investor confidence in the cryptocurrency market.

user avatarKofi Adjeman

Jupiter DAO to Vote on Emissions Policy

chest

On February 17, Jupiter DAO will vote on whether to pause emissions, impacting token policy and market expectations.

user avatarSatoshi Nakamura

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.