BitMEX
$389.54K
has blocked a phishing attempt linked to the Lazarus Group, a hacking operation with ties to North Korea.
The exchange said in a May 30 blog post that the attackers used a fake job opportunity on LinkedIn to try and trick one of its employees.
The offer involved a supposed collaboration on a Web3 non-fungible token (NFT) project.
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The attackers then encouraged the employee to download and run a GitHub file. That file included hidden code meant to harm the computer. BitMEX’s security team caught the attempt and traced the source of the file to servers previously connected to the Lazarus Group activity.
During their investigation, the team also found that one of the IP addresses linked to the attack was based in Jiaxing, China. This discovery pointed to a possible mistake by the group, which helped confirm the link to North Korean operations.
BitMEX explained that the Lazarus Group often starts its attacks with simple methods like phishing, using emails or messages to trick people into opening harmful files. These are usually carried out by teams with basic skills.
More complex actions, such as moving through company networks or stealing large amounts of data, are likely handled by other teams with more experience.
BitMEX also pointed out that the term “Lazarus Group” covers several hacking teams believed to be under the control of the North Korean government. These teams have been blamed for stealing large sums of money through different kinds of cyberattacks.
On May 1, Kraken uncovered an attempt by a North Korean hacker to slip inside the company. How? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
