Piracy: $ 571 million in cryptocurrency stolen by Lazarus!

Lazarus, the group of North Korean hackers, is believed to be behind the largest cryptocurrency theft in 12 months. According to the Group.

IB, one of the largest cybersecurity companies, the group would be responsible for theft of more than 571 million dollars of the 882 million registered since 2017.

Lazarus steals 571 million with 5 attacks

Cryptocurrency flights have been raging for some time and it seems that hackers are always one step ahead of crypto-platforms . Apparently, malware and ransomware have become democratized practices to target crypto-purses and less protected networks. However, there are still no effective ways to concretely deal with this type of attack.

Lazarus, a group renowned in the world of piracy has thus offered the lion's share in the last twelve months. The Group-IB reported that of the 882 million stolen from 14 attacks, Lazarus was the initiative of five attacks that earned him $ 571 million. To this end, the group is not only efficient, but also very sharp because its methods are varied and well thought out.

Various methods

The world of cryptocurrency is constantly changing and newcomers to the ecosystem are vulnerable to the slightest assault attempt . Lazarus allegedly used multiple controversial methods such as spear phishing (harpooning), social engineering or even malware to mislead its victims.

"Spear phishing remains the main vector of attack on corporate networks. For example, fraudsters spread malware through a spam campaign. Once the network is compromised, hackers browse this network to find workstations and private servers and access the wallet. "

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