YourCryptoNews
  • Live Prices
  • Crypto News
    • Altcoins
    • Bitcoin
  • Defi News
  • NFT News
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
YourCryptoNews
  • Live Prices
  • Crypto News
    • Altcoins
    • Bitcoin
  • Defi News
  • NFT News
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
YourCryptoNews
No Result
View All Result

North Korean Lazarus Group targets Japanese crypto firms

October 17, 2022
in Altcoins
Reading Time: 2 mins read
A A
North Korean Lazarus Group targets Japanese crypto firms
ShareShareShareShareShare
Xeggex

North Korean hacker group Lazarus has reportedly launched multiple cyber-attacks against Japanese crypto exchanges, according to Japan News.

Japan’s National Police and Financial Services agencies issued a joint statement to inform the public about the hacker’s tactics and help them take appropriate measures.

The Lazarus group reportedly sent phishing emails to employees of crypto companies and successfully infected their computers with malware. They gained access to compromise the company’s security system and moved to steal the cryptocurrencies.

According to the Japan News, the Lazarus group stole about $45 million (¥6.7 billion) from Zaif crypto exchange in 2018 and another $24 million (¥3.5 billion) from Bitcoin Japan in 2019.

The police confirmed that several of their attacks were successful but have yet to release the official amount stolen by the hackers.

Lazarus group and crypto heist

The Lazarus group has become the most notorious hacker group causing mayhem in the crypto space and the traditional financial industry.

At the start of April 2022, the U.S. Treasury Department named Lazarus as the perpetrator of the $600 million Ronin bridge hack.

Two months later, in June, a blockchain analytics firm Elliptics linked Lazarus hackers to the Harmony horizon bridge exploit, which led to the loss of $100 million.

The state-sponsored hacking group is reportedly using the stolen funds to sponsor nuclear and ballistic missile projects in North Korea.

North Korean hackers targeting crypto

The U.S. FBI earlier warned that North Korean hackers were using fake identities to secure employment in the U.S. to fund their country’s nuclear power projects.

Cybersecurity company Mandiant also alerted the public about the hacker’s strategy to use fake identities of experts to get access to crypto companies.

Defiance Capital founder Arthur Cheong had detailed plans for crypto organizations to bolster their security as North Korean hacker group BlueNorOff adopted sophisticated social engineering schemes.

Get an Edge on the Crypto Market 👇

Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.

On-chain analysis

Price snapshots

More context

Join now for $19/month Explore all benefits

Credit: Source link

You might also like

AllianceBlock hacked for $12M; Nostr launches Damus app

AllianceBlock hacked for $12M; Nostr launches Damus app

February 2, 2023
How to make crypto more eco-friendly

How to make crypto more eco-friendly

February 2, 2023

Related Stories

AllianceBlock hacked for $12M; Nostr launches Damus app
Altcoins

AllianceBlock hacked for $12M; Nostr launches Damus app

February 2, 2023
How to make crypto more eco-friendly
Altcoins

How to make crypto more eco-friendly

February 2, 2023
Meta (formerly Facebook) sees stock value rise despite $13B in VR losses
Altcoins

Meta (formerly Facebook) sees stock value rise despite $13B in VR losses

February 2, 2023
Xborg launches $100K web3 esports league, Xtreme Championship Series
Altcoins

Xborg launches $100K web3 esports league, Xtreme Championship Series

February 1, 2023
Next Post

Binance Starts CMC Cryptocurrency Index Series

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Warren asks Congress to help SEC fight crypto fraud

Warren asks Congress to help SEC fight crypto fraud

January 26, 2023
Coinbase stock surged 90% in January

Coinbase stock surged 90% in January

January 27, 2023

Popular Story

    • Contact Us
    • Privacy Policy
    • Terms of Use
    • DMCA

    © 2021 - YourCryptoNews.net - All rights reserved!

    No Result
    View All Result
    • Live Prices
    • Crypto News
      • Altcoins
      • Bitcoin
    • Defi News
    • NFT News
    • Blockchain
    • Regulations
    • Trading
    • Scams

    © 2021 - YourCryptoNews.net - All rights reserved!

    • bitcoinBitcoin (BTC) $ 23,763.00 2.9%
    • ethereumEthereum (ETH) $ 1,666.80 5.48%
    • tetherTether (USDT) $ 1.00 0.09%
    • bnbBNB (BNB) $ 329.77 6.45%
    • usd-coinUSD Coin (USDC) $ 0.998943 0.07%
    • xrpXRP (XRP) $ 0.413590 2.96%
    • binance-usdBinance USD (BUSD) $ 0.998971 0.05%
    • cardanoCardano (ADA) $ 0.402678 4.66%
    • dogecoinDogecoin (DOGE) $ 0.093406 0.83%
    • matic-networkPolygon (MATIC) $ 1.23 12.03%
    • okbOKB (OKB) $ 40.07 6.87%
    • solanaSolana (SOL) $ 24.82 5%
    • staked-etherLido Staked Ether (STETH) $ 1,660.07 5.54%
    • polkadotPolkadot (DOT) $ 6.50 4.61%
    • litecoinLitecoin (LTC) $ 100.40 3.65%
    • shiba-inuShiba Inu (SHIB) $ 0.000012 2.63%
    • avalanche-2Avalanche (AVAX) $ 21.87 12.6%
    • tronTRON (TRX) $ 0.063356 1.87%
    • uniswapUniswap (UNI) $ 6.97 6%
    • daiDai (DAI) $ 1.00 0.11%
    • cosmosCosmos Hub (ATOM) $ 14.78 8.63%
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 23,719.00 2.95%
    • the-open-networkToncoin (TON) $ 2.45 6.31%
    • chainlinkChainlink (LINK) $ 7.26 5.5%
    • moneroMonero (XMR) $ 177.76 1.56%
    • ethereum-classicEthereum Classic (ETC) $ 22.51 5.14%
    • leo-tokenLEO Token (LEO) $ 3.36 6.82%
    • aptosAptos (APT) $ 18.13 8.98%
    • bitcoin-cashBitcoin Cash (BCH) $ 137.69 3.55%
    • stellarStellar (XLM) $ 0.092848 3.16%
    • apecoinApeCoin (APE) $ 6.17 5.67%
    • filecoinFilecoin (FIL) $ 5.74 10.98%
    • quant-networkQuant (QNT) $ 148.88 6.85%
    • nearNEAR Protocol (NEAR) $ 2.45 8.6%
    • crypto-com-chainCronos (CRO) $ 0.081080 2.88%
    • lido-daoLido DAO (LDO) $ 2.30 5.43%
    • algorandAlgorand (ALGO) $ 0.254830 6.74%
    • vechainVeChain (VET) $ 0.024804 8.49%
    • hedera-hashgraphHedera (HBAR) $ 0.068768 7.3%
    • internet-computerInternet Computer (ICP) $ 5.99 1.46%
    • fantomFantom (FTM) $ 0.571860 9.17%
    • decentralandDecentraland (MANA) $ 0.789462 7.45%
    • axie-infinityAxie Infinity (AXS) $ 11.36 6.14%
    • aaveAave (AAVE) $ 90.92 11.44%
    • the-sandboxThe Sandbox (SAND) $ 0.758861 6.46%
    • eosEOS (EOS) $ 1.08 2.51%
    • flowFlow (FLOW) $ 1.14 8.39%
    • elrond-erd-2MultiversX (EGLD) $ 44.32 4.84%
    • theta-tokenTheta Network (THETA) $ 1.08 6.71%
    • terra-lunaTerra Luna Classic (LUNC) $ 0.000173 1.6%