LinkedIn turns into a cybercrime playground for Lazarus hackers

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  • Lazarus hackers use LinkedIn to impersonate recruiters and goal cryptocurrency professionals with phishing assaults.
  • Their phishing schemes contain sending coding challenges containing malware to realize distant entry to victims' programs.
  • Lazarus cybercrime funds North Korea's weapons of mass destruction program and highlights the geopolitical implications of their assaults.

Latest findings by blockchain safety agency SlowMist reveal an alarming sample of cybercriminal ways involving the North Korean hacker group Lazarus. They’re utilizing his LinkedIn for phishing assaults within the cryptocurrency house. By impersonating recruiters and traders, Lazarus hackers make use of refined ways that may trick workers into downloading dangerous software program and steal precious data and property.

SlowMist's investigation revealed that Lazarus hackers, identified for his or her cyberattacks since 2009, impersonated Fenbushi Capital companions on LinkedIn to draw crypto trade professionals. As soon as related, the hacker offers faux job or funding alternatives to realize entry to the sufferer's system.

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Their phishing technique included sending out coding challenges as a part of the recruitment course of. These seemingly innocent information really include malware and, when executed, set up a Computer virus that permits distant entry to the sufferer's pc. This methodology allowed Lazarus hackers to steal delicate data and property from unsuspecting victims.

Moreover, Lazarus has used LinkedIn previously for focused assaults. They approached consultants within the crypto area in December 2023, posing as faux meta recruiters. These incidents reiterate the necessity for improved cybersecurity measures on this space and present how refined fraudsters have gotten.

Lazarus' actions have raised considerations among the many Worldwide Safety Council due to their hyperlinks to North Korea's weapons of mass destruction (WMD) program. Roughly 40% of North Korea's weapons of mass destruction funding comes from illicit cyber actions, together with stolen cryptocurrencies, in accordance with a report by a United Nations panel of consultants.

Regardless of being topic to sanctions, Lazarus continues its malicious actions and is estimated to have stolen greater than $3 billion in crypto property. In a notable assault in August 2023, the group used a faux job interview to steal $37 million from cryptocurrency funds firm CoinPaid, highlighting the numerous monetary impression of its enterprise. .

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