Lazarus Group Lures Crypto Staff via Fake LinkedIn Profile

On Wednessday, April 24, it was revealed by SlowMist, a firm specializing in blockchain security, that the Lazarus Group, an infamous hacking squad believed to be based in North Korea, has been deceitfully impersonating individuals on LinkedIn to ensnare employees within the cryptocurrency sector.

Lazarus poses a significant risk to the cryptocurrency market. This malicious group has reportedly stolen approximately $3 billion worth of digital assets to date. To promptly inform the public, the blockchain security company recently announced this concerning news on their X account.

The Lazarus group is currently targeting companies in the cryptocurrency industry by reaching out to them via LinkedIn, attempting to steal employee privileges or assets using malware. 💻

— 23pds (@im23pds) April 24, 2024

False job applicants, disguised as seekers for blockchain development roles, reach out to HR departments and interviewers via email using multiple identities after being approached with job offers.

Cybercriminals entice unsuspecting individuals by promising to showcase their coding abilities and provide them with desirable items like logos or software for free, but in reality, they aim to collect personal information.

Yet, malicious software exists that covertly takes data from intended victims. This type of malware secretes all information from the user’s device and transfers it to a hacker-managed server.

An UN report released more recently reveals that around 40% of North Korea’s weapons of mass destruction (WMD) program may be financed through cyberattacks. This is an alarming discovery, as security experts are concerned that these carefully planned and executed state-supported attacks pose a significant threat to national security.

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2024-04-25 02:12