North Korean hackers are taking it a notch higher by pretending to be venture capitalists to steal from cryptocurrency startups. BlueNoroff, the name given by cybersecurity experts to a crew associated with the North Korean government-funded hacking operation Lazarus Group, has expanded its target list to include venture capital firms, cryptocurrency startups, and banks, a report by cybersecurity firm Kaspersky Lab disclosed. Get 30 FREE SPINS at Punt Casino – NO DEPOSIT REQUIRED! Start Playing Now.
5 BTC + 300 Free Spins for new players & 15 BTC + 35. 000 Free Spins every month, only at mBitcasino. Play Now! BlueNoroff stole millions of dollars in cryptocurrencies by building more than 70 phony domains and mimicking financial firms and venture capital businesses, as revealed by Kaspersky on Tuesday.
BlueNoroff is experimenting with new file types and delivery techniques for its virus, according to Kaspersky’s report. The North Korean hacker’s cybercrime activities increased after a pause for much of the year. The cybersecurity firm discovered that the Lazarus-affiliated hacker group is deploying malware to attack businesses in the Blockchain, DeFi, and FinTech industries.
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Related Reading: Defrost Finance Hacker Changes His Mind And Returns $12 Million Stolen Funds Photo Source: Kaspersky Lab Blog North Korean Hackers Ramp Up Attacks The Lazarus Group is a cybercrime organization composed of an undetermined number of North Korean-supervised cybercriminals. Experts say it was responsible for a large number of cyberattacks between 2010 and 2021. Kaspersky reported: “As a result of our investigation into the infrastructure utilized by this gang, we uncovered more than 70 domains.
In addition, they built many websites that resemble venture capital and banking sites. ” The theft of virtual currencies has become a cottage industry for North Korean hackers. Since 2017, more than $1 billion worth of various crypto assets have been stolen, data from South Korean intelligence services show.
In recent weeks, North Korean hackers with ties to Lazarus have also been observed attempting to steal NFTs. After the theft of over $620 million from Axie Infinity, Lazarus was able to acquire sufficient resources to enhance their operations. Related Reading: https://bitcoinist.
com/sam-bankman-fried-welcomes-crypto-influencer/ Crypto total market cap at $755 billion on the daily chart | Chart: TradingView. com Global Cybercrime Losses Increase Yearly Several prominent organizations, like the now-defunct cryptocurrency exchange FTX, were attacked by North Korean hackers this year. In a study, the World Economic Forum’s 2020 Global Risk Report shows the probability of organized cybercrime entities being detected and prosecuted is as low as 0.
05% in the United States. According to Microsoft, assaults targeting cryptocurrency companies for greater rewards have increased over the past few years, resulting in more sophisticated attacks than in the past. In 2020, the U.
S. Army projected that BlueNoroff was comprised of around 1,700 personnel working globally. Meanwhile, Cybersecurity Ventures predicts that the worldwide damage caused by cybercrime would increase by 15% yearly over the next five years, reaching $10.
5 trillion annually by 2025, up from $3 trillion in 2015. – Featured Image: Yahoo Sports. Share Tweet Share Share Sign Up for Our Newsletter! For updates and exclusive offers enter your email.
Sign Up I consent to my submitted data being collected and stored. Leave this field empty if you’re human: Christian Encila Freelance writing is Christian’s other cup of tea. When not on his computer, he unwinds with a cold bottle of beer and laughs with his son over cartoons.
Other than that, he’s just like everybody else who wants to be happy with their life. Related Posts Sam Bankman-Fried Welcomes Sexy Crypto Journalist While Under House Arrest 3 hours ago QCP Capital Posts 2023 Crypto Forecast: 3 Themes To Watch 11 hours ago Japan Plans On Easing Crypto Token Listings Despite FTX Crash 20 hours ago Alameda Wallets Swap Altcoins For Bitcoin, Days After Bankman-Fried Bail 1 day ago Why Is Bitcoin Miner Argo Blockchain Suspending Trading On NASDAQ? 1 day ago Defrost Finance Hacker Changes His Mind And Returns $12 Million Stolen Funds 1 day ago.
From: bitcoinist
URL: https://bitcoinist.com/north-korean-hackers-steal-millions/