As a seasoned crypto investor with over a decade of experience under my belt, I can’t help but feel a sense of unease upon reading about the relentless cyberattacks by North Korean hacker groups on our industry and IT firms worldwide. Having lost a substantial portion of my portfolio to a not-so-friendly Russian phishing scam back in 2014, I have developed an unhealthy level of paranoia when it comes to anything related to digital assets or job offers from unknown recruiters.
It’s been claimed that hackers, allegedly connected to the North Korean administration, have broadened their tactics for swindling digital currencies through social engineering cons. These tactics involve penetrating numerous large, international tech companies.
As reported by TechCrunch, researchers at a recent cybersecurity conference named Cyberwarcon uncovered two hacking groups of North Korean origin – specifically known as “Sapphire Sleet” and “Ruby Sleet.
Sapphire Sleet tricked people using fake job opportunities, pretending to be genuine recruiters. These victims were enticed into job interviews or given employment offers. However, unbeknownst to them, hackers would contaminate their computers with malicious software that was disguised as picture-containing files (PDFs) or dangerous links during the interview stage.
Ruby Sleet successfully gained access to aerospace and defense companies located in the U.S., UK, and South Korea with the intention of obtaining classified military information.
Moreover, the document highlighted an intriguing detail about North Korean IT personnel allegedly creating deceptive personas with AI, social networks, and voice manipulation tools to gain access to organizations under false pretenses, often for the purpose of executing hiring frauds.
North Korean hackers target crypto industry
Prior to Cyberwarcon’s researchers issuing a warning, it was already known that hackers linked to the North Korean government had been focusing on infiltrating cryptocurrency businesses through similar strategies.
In the month of August, cyber investigator ZackXBT suggested that he had uncovered a group of 21 individuals, who are suspected to be from North Korea, involved in different cryptocurrency ventures while using false personas.
In September, the FBI later on warned that cybercriminals from North Korea were using fake job proposals to infiltrate cryptocurrency firms and decentralized financial projects with malware. This malware, when downloaded or clicked upon, would swipe the users’ private keys.
Lately, in October, apprehensions arose regarding the Cosmos ecosystem’s Liquid Staking Module, with claims suggesting it may have been constructed by developers from North Korea.
Initially, Jacob Gadikian, a developer within the Cosmos ecosystem, stated, “Those who created the LSM are among the most cunning and productive cryptocurrency hackers globally.” Concerns about hidden entry points and harmful programming codes led to multiple security evaluations of the Cosmos Liquid Staking Module.
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2024-11-29 00:08