• North Korean hackers have been targeting cryptocurrency startups, banks, and venture capital firms by pretending to be venture capitalists.
• Cybersecurity firm Kaspersky Lab has uncovered that the Lazarus Group-affiliated hacker group BlueNoroff has deployed 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?
In a report released on Tuesday, the cybersecurity firm Kaspersky Lab revealed that the North Korean government-funded hacking operation Lazarus Group has expanded its target list to include venture capital firms, cryptocurrency startups, and banks. The crew associated with the Lazarus Group, known as BlueNoroff, has been stealing millions of dollars in cryptocurrencies by building phony domains and mimicking financial firms and venture capital businesses.
Kaspersky Lab also discovered that BlueNoroff is experimenting with new file types and delivery techniques for its virus. As a result, the group’s cybercrime activities increased after a pause for much of the year. The malicious organization has been targeting businesses in the blockchain, DeFi, and FinTech industries by deploying malware.
The Lazarus Group is a cybercrime organization composed of an undetermined number of North Korean-supervised cybercriminals. Experts say that it was responsible for a large number of cyberattacks between 2010 and 2021. Kaspersky reported that during their investigation into the infrastructure utilized by this gang, they uncovered more than 70 domains. BlueNoroff has also been using increasingly sophisticated techniques in order to evade detection and remain undetected.
At the same time, the BitStarz Player has landed a record win of $2,459,124, leaving many wondering if they could be the next big winner. This reinforces the notion that despite the rise in cybercrime activities related to cryptocurrency, the cryptocurrency market still presents many opportunities for investors.
In conclusion, North Korean hackers are becoming more sophisticated in their attacks against cryptocurrency startups, banks, and venture capital firms. By building phony domains and deploying malware, they have been able to steal millions of dollars in cryptocurrencies. However, despite the rise in cybercrime activities, the cryptocurrency market still presents many opportunities for investors, as evidenced by the BitStarz Player’s record win of $2,459,124.