North Korean Hackers Pose As VC Firms And Banks To Steal Millions From Crypto Startups

North Korean Hackers Pose As VC Firms And Banks To Steal Millions From Crypto Startups

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.
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

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