CoinsPaid, a cryptocurrency payments company headquartered in Estonia, has raised suspicions that the Lazarus Group, a group of hackers from North Korea, managed to breach its systems by utilizing deceptive recruiters who targeted company employees.
According to an official blog post, CoinsPaid disclosed that the breach, which resulted in the theft of over $37 million on July 22, was orchestrated through a ruse wherein an employee was lured into downloading software under the pretense of a mock job interview, under the false guise of a technical assignment.
The company revealed that this employee fell victim to a job offer propagated by the hackers, subsequently downloading the malicious code that ultimately facilitated the malevolent actors in pilfering sensitive data and acquiring unauthorized entry into the infrastructure of the crypto company.
Funding North Korea’s Illicit Nuclear Program
Cryptocurrency thefts are suspected to provide financial backing for North Korea’s uno
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