North Korea has emerged as a major player in the cryptocurrency world, reportedly owning 13,562 bitcoins valued at about $1.14 billion. This places the country third globally in government-held bitcoin reserves, following the United States and Britain. The surge in North Korea’s crypto holdings is linked to a massive $1.5 billion theft carried out by ...
A North Korean hacking group, known as the Lazarus Group, has successfully stolen about $300 million from the cryptocurrency exchange ByBit as part of a larger $1.5 billion heist. This notorious group specializes in hacking and is now funneling stolen funds, likely to support the North Korean military. Experts warn that tracking and recovering the ...
Malware targeting macOS is becoming more common, particularly from North Korean hackers who are using sophisticated methods to steal sensitive data. Recent investigations uncovered two types of malware: RustDoor and a new variant of Koi Stealer, both disguised as legitimate software updates. These attackers often pose as job recruiters to lure software developers into downloading ...
Freelance software developers are facing a serious threat from a hacking campaign linked to North Korea, known as DeceptiveDevelopment. This campaign uses job interview scams to distribute malicious software like BeaverTail and InvisibleFerret, which aim to steal cryptocurrency and sensitive login information. Researchers at ESET reported that attackers target platforms like Upwork and Freelancer, using ...
North Korea’s Lazarus Group has launched a new cyber attack campaign called Operation 99, targeting software developers in the Web3 and cryptocurrency sectors. This scheme involves fake recruiters on platforms like LinkedIn, enticing developers with seemingly legitimate projects that lead them to harmful GitLab repositories. Once cloned, these repositories contain malware that connects to command-and-control ...
A hacker group linked to North Korea, called TraderTraitor, stole approximately 48.2 billion yen, or about $307 million, from the Tokyo-based cryptocurrency exchange DMM Bitcoin Co. in May. Japanese police, along with the U.S. Department of Defense and FBI, identified the group and traced the stolen bitcoin to them. An investigation revealed that a DMM ...
South Korea and the United States are teaming up to enhance protection against cryptocurrency thefts, particularly from North Korean hackers. They have recently signed an agreement to collaborate on developing technology to prevent such cyberattacks and track stolen digital assets. The South Korean science ministry will support this initiative until 2026 through a dedicated research ...
South Korea and the United States are teaming up to combat cryptocurrency theft, especially amid threats from North Korea-linked hackers. They’ve recently signed an agreement to collaborate on developing technologies that can prevent attacks and track stolen digital assets. This initiative, backed by South Korea’s science ministry, will last until 2026 and involves researchers from ...
In 2017, SWIFT cut off North Korea’s last banks to limit its nuclear ambitions, but the country still finds ways to earn foreign currency. North Korea engages in smuggling coal and minerals, sending workers abroad, and cyber theft. With China as a key player, North Korea smuggles goods disguised as trash and uses overseas workers ...
North Korean groups have stolen a record $1.34 billion through cryptocurrency hacks in 2024, which is more than double the amount stolen last year. This surge highlights how crucial cybercrime has become for funding North Korea’s nuclear and missile programs, with estimates suggesting that around a third of their missile funding comes from these criminal ...
