Arthur Cheong, the founder of DeFiance Capital, believes North Korean hackers are actively looking to compromise top crypto organizations. He shared this information through a tweetstorm on April 15, citing research from leading cybersecurity experts. Specifically, Cheong mentioned a hacker group dubbed BlueNorOff, which is sponsored by the North Korean government.
According to him, BlueNorOff’s recent social engineering attacks prove the group has mapped the relationship graph of the entire crypto space. He added that this ability helps the hacker group come up with phishing emails that have a high probability of slipping through the defenses of most crypto organizations.
5/ Once the current attack method gets less effective, such as a trojanized DeFi App and Wallet attack discovered lately. Given the success, it is likely North Korea will dedicate more resources to this group to scale up the intensity of the attack.https://t.co/uogzBha4BB
— Arthur (@Arthur_0x) April 15, 2022
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