North Korean Hacker Group Lazarus Phishing for Crypto in Japan: Report

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North Korean Hacker Group Lazarus Phishing for Crypto in Japan: Report
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The notorious North Korean hacker collective has been targeting crypto asset exchanges in Japan as it expands its wave of cyber attacks.

Over the weekend, Japanese local media reported that Lazarus has been attacking local crypto companies, according to the National Police Agency.

The group has been using social engineering, such as sending phishing emails to employees at crypto companies or using social media to lure them into installing malware. Phishing is a technique where targeted emails are sent to victims to entice them into revealing personal information. The email addresses are often bought on the dark web by hackers from data breaches such as the one that targeted hardware wallet provider Ledger.that some companies had been victims of internal systems hacks resulting in the theft of cryptocurrency.Following the attacks, the National Police Agency conducted an investigation which led them to the Lazarus group being the culprits.

Raising public awareness was urged since their style of attack phishes individuals rather than a heavy onslaught targeting entire networks or blockchains. The NPA urged people to be more vigilant with email attachments and “not to open them carelessly.” They also advised installing better security software and beefing up authentication methods when dealing with digital assets.

Lazarus has also been targeting tech job seekers with spear phishing attacks using LinkedIn, according toA Chainalysis report claimed that Lazarus had stolen $840 million in crypto in the first half of this year, most of which from the Ronin bridge hack. The total was more than 2020 and 2021 combined. Around a third of it funds their nuclear weapon program, according to Anne Neuberger, the U.S. deputy national security adviser for cyber and emerging technology.

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