North Korean cyberattacks on Brazilian fintech firms exposed

cyptouser5 months agoCryptocurrencies News71
55966e89>

Google Cloud’s threat intelligence department has discovered that North Korean government-backed cyber attackers are actively targeting Brazil’s cryptocurrency exchanges and fintech companies.

The June 13 Google threat intelligence report highlighted coordinated attempts to hijack, extort and defraud Brazilian individuals and organizations.

Source: Mandiant (part of Google Cloud)

While North Korean groups focus primarily on cryptocurrency firms, aerospace and defense and government entities, cyber criminals backed by the Chinese government prefer attacking only the government organizations and the energy sector in Brazil.

The plot behind cyberattacks in Brazil

The notorious North Korean cybercriminal group, Pukchong (also known as UNC4899), has targeted Brazilian citizens and organizations through the job market. They tricked unsuspecting job seekers into downloading malware onto their systems. According to the report:

“The project was a trojanized Python app for retrieving cryptocurrency prices that was modified to reach out to an attacker-controlled domain to retrieve a second stage payload if specific conditions were met.”

Similar malware attacks perpetrated by GoPix and URSA were also found actively targeting Brazilian crypto firms.

Government-backed phishing attacks targeting Brazil. Source: Google Cloud

Check out Cointelegraph’s guide to learn more about crypto malware and how to detect it.

Related: SEC fines NYSE parent company $10M for failing to report cyberattack

Attacks beyond borders

Recently, crypto wallet provider Trust Wallet asked Apple users to disable iMessage, citing “credible intel” of a zero-day exploit that could allow hackers to take control of users’ phones.

Source: Trust Wallet

A zero-day exploit is a cyberattack vector that takes advantage of an unknown or unaddressed security flaw in computer software, hardware or firmware.

Cybersecurity firm Kaspersky recently uncovered that North Korean hacking group Kimsuky reportedly utilized a “striking” new malware variant dubbed “Durian” to launch attacks on South Korean crypto firms.

Source: Kaspersky

“Durian boasts comprehensive backdoor functionality, enabling the execution of delivered commands, additional file downloads, and exfiltration of files,” wrote Kaspersky.

Additionally, Kaspersky noted that LazyLoad was also used by Andariel, a sub-group within fellow North Korean hacking consortium Lazarus Group — suggesting a “tenuous” connection between Kimsuky and the more notorious hacking group.

Magazine: Lazarus Group’s favorite exploit revealed — Crypto hacks analysis

The content on this website comes from the Internet. Due to the inconvenience of proofreading the authenticity and accuracy of the copyright or content of some content, it may be temporarily impossible to confirm the authenticity and accuracy of the copyright or content. For copyright issues or other issues caused by this, please Call or email this site. It will be deleted or changed immediately after verification.

related articles

Bitcoin miners rise 10% after Trump promises to back US miners

Bitcoin miners rise 10% after Trump promises to back US miners

55966e89˃Bitcoin (BTC) mining stocks soared double digits on Wednesday a day after United States pre...

Blockchain’s role in modern industries — Interview with Venom Blockchain

Blockchain’s role in modern industries — Interview with Venom Blockchain

1205f261˃The crypto and Web3 ecosystem continues to expand, requiring platforms that can handle the...

Ethereum Name Service plans layer-2 migration to reduce gas fees, boost speed

55966e89˃The Ethereum Name Service (ENS) is planning a significant update, migrating to a layer-2 ne...

Bitcoin price breaks above $66K — Has BTC flipped bullish again?

Bitcoin price breaks above $66K — Has BTC flipped bullish again?

1205f261˃Bitcoin's (BTC) price broke above the crucial $66,000 mark, suggesting that price action co...

Are celebrity tokens good or bad for Web3? Execs weigh in

55966e89˃As the cryptocurrency market seeks a new narrative to drive growth, celebrity-backed token...

Bankrupt FTX seeks to sell luxury Bahamian properties amid bankruptcy proceedings

Bankrupt cryptocurrency exchange FTX is seeking court permission to divest several Bahamas luxury re...