Hackers From North Korea Seen As Culprits In DeBridge Finance Cyberattack

Share This Post

Hackers from North Korea has reportedly found a new victim in DeBridge Finance, a cross-chain interoperability and liquidity transfer protocol, multiple sources disclose, Saturday.

Based on DeBridge’s initial assessment, the attempted cyberattack likely originated from the notorious North Korean hacking syndicate, Lazarus Group.

Several DeBridge team members received a faked email containing a PDF file titled “New Salary Adjustments” that was purportedly sent by DeBridge co-founder Alex Smirnov.

According to Smirnov, a significant number of DeBridge staff received emails from the hackers. Upon viewing and downloading the PDF file, the PCs were infected with a malware that collects data.

“Fast investigation revealed that the received script captures several computer-related details and sends them to the attacker’s command and control center,” Smirnov added.

17/ Indicators of Compromise: CnC: www[.]googlesheet[.]info
New Salary Adjustments.pdf (clean): 15a42f76f41c8f4bab828160e4fd39c2
New Salary Adjustments.pdf (with password): 00380fcbb2af75ec177301d44d658bc4
password.txt.lnk: 2eaa53ccb43cd38a1f0a28abcd7f6a30

— deAlex (@AlexSmirnov__) August 5, 2022

Lazarus Hackers Behind High-Profile Attacks In Recent Years

Email spoofing is a type of attack in which a malicious email is made to appear to have originated from a trustworthy source, in this case, the co-founder of the company.

Smirnov asserts that Lazarus Group hackers utilized the PDF names “New Salary Adjustments” in past hacks, and he cautioned all Web3 teams to remain vigilant for similar intrusions.

Lazarus is responsible for some of the most prominent security breaches in recent years, including the 2014 Sony hack.

The group goes after crypto-based enterprises around the world. It recently targeted Axie Infinity’s Ronin Bridge and carted off more than $622 million, making it the biggest hack in crypto history.

Image: Bleeping Computer

Arthur Cheong, the founder of DeFiance Capital, stated that Lazarus is simply one of numerous cyber syndicates supported by North Korea that are actively targeting the global crypto industry.

David Schwed, CEO of blockchain security firm Halborn, says:

“These types of attacks are pretty prevalent… they rely on the inquisitive character of people by labeling the files something that would spark their curiosity, such as salary information.”

Cybersecurity firm Kaspersky has reiterated Cheong’s warnings, warning that a new group known as BlueNoroff is currently targeting cryptocurrency firms.

Buffett: Cyberattacks Bigger Threat Than Nukes

Recently, the U.S. Justice Department recouped $500,000 from North Korean hackers who compelled two American medical facilities to pay Bitcoin ransom payments.

Warren Buffet, a billionaire businessman and philanthropist, views cybercrime as one of humankind’s biggest problems and cyberattacks as a greater threat to humanity than nuclear or biological weapons.

In April 1955, the contemporary definition of the term “hack” was coined at the Massachusetts Institute of Technology. The Tech published the first recorded mention of computer (phone) hacking in 1963.

The evolution of the world’s threat landscape – from phone systems to a massive datasphere – has eclipsed humanity’s capacity to safeguard it in the past few decades.

Crypto total market cap at $1.07 trillion on the daily chart | Source: TradingView.com

Featured image from BitDegree, chart from TradingView.com

Read Entire Article
spot_img

Related Posts

Bitcoin ETFs Ride The Bull Again: Second Straight Inflow Day Sparks Optimism

The Spot Bitcoin ETF market is currently experiencing a resurgence, marked by a second consecutive day of positive inflows totaling $217 million This increase in investment activity is a notable

Crypto Super PACs raise $102M to support crypto-friendly US candidates

Crypto Super PACs have amassed $102 million in funds ahead of the US elections to advocate for candidates supportive of the industry, according to a report by Public Citizen Approximately $54 million

Whispers In The Deep: Why Are Ethereum Whales Disappearing?

Ethereum (ETH), the world’s second-largest cryptocurrency, continues to grapple with uncertainty after a steep price decline Investors are on tenterhooks, with whales exiting their positions

Fidelity leads with inflows as Bitcoin ETFs capture $217M in one day

Quick Take According to Farside data, the Bitcoin ETFs (Exchange-Traded Funds) in the US witnessed another net inflow day on May 6, reaching $2170 million This massive influx comes just days after

Leading Colombian Conglomerate Bancolombia Launches Crypto Exchange, Introduces Peso Stablecoin

Bancolombia Group, one of the leading banks in Latin America and the biggest bank in Colombia, is entering the crypto business with the launch of Wenia, a cryptocurrency exchange Wenia seeks to

Marathon Digital Mints Massive Market Cap Gain: Up $800 Million

Bitcoin mining company Marathon Digital (MARA) is basking in the glow of a successful week, with its stock price surging after inclusion in the prestigious S&P SmallCap 600 index and the
- Advertisement -spot_img