{"id":51222,"date":"2022-04-16T13:17:05","date_gmt":"2022-04-16T11:17:05","guid":{"rendered":"https:\/\/www.rudebaguette.com\/?p=51222"},"modified":"2022-04-16T13:17:13","modified_gmt":"2022-04-16T11:17:13","slug":"north-korean-hackers-stole-over-600-million-in-crypto-in-a-single-hack-fbi","status":"publish","type":"post","link":"https:\/\/www.rudebaguette.com\/en\/2022\/04\/north-korean-hackers-stole-over-600-million-in-crypto-in-a-single-hack-fbi\/","title":{"rendered":"North Korean hackers stole over $600 million in Crypto in a single hack- FBI."},"content":{"rendered":"\n

On Thursday, the FBI<\/a> said North Korean hackers stole over $600 million in Crypto in a single hack. <\/p>\n\n\n\n

The FBI blamed hackers linked with the North Korean government for stealing over $600 million<\/a> in Crypto in March from a video gaming firm.<\/p>\n\n\n\n

For the FBI, this is the latest in a series of audacious hacks and cyber heists associated with Pyongyang.<\/p>\n\n\n\n

According to the FBI, “through our investigation we were able to confirm Lazarus Group and APT38, cyber actors associated with the DPRK, are responsible for the theft of $620 million in Ethereum reported on March 29th.” <\/p>\n\n\n\n

The FBI refers to the latest hack of the computer network utilized by Axie Infinity, a popular video game that permits players to earn cryptocurrencies.<\/p>\n\n\n\n

In March, Sky Mavis, the firm that designed Axie Infinity, announced that unidentified and unscrupulous hackers had stolen about $600 million.<\/p>\n\n\n\n

According to a UN panel and cybersecurity experts, hacks and cyberattacks have become a vital source of revenue for the Kim Jong Un regime for years. This comes as the North Korean leader has continuously pursued to accumulate more nuclear weapons<\/a>.<\/p>\n\n\n\n

In the same vein, Ari Redbord, the head of legal affairs at TRM Labs, a company that investigates financial crimes, revealed, “A hack of a cryptocurrency business, unlike a retailer, for example, is essentially bank robbery at the speed of the internet and funds North Korea’s destabilizing activity and weapons proliferation.” <\/p>\n\n\n\n

And as long as they are successful and profitable, they will not stop.” Ari Redbord added.<\/p>\n\n\n\n

The US sanctioned Lazarus Group<\/strong>.<\/h2>\n\n\n\n

Meanwhile, on Thursday, the US Treasury Department has sanctioned Lazarus Group, a group of hackers believed to liaise with the North Korean government. <\/p>\n\n\n\n

The US Treasury sanctioned the certain wallet or crypto address used to cash out on the Axie Infinity hack.<\/p>\n\n\n\n

Chainalysis, a company that tracks digital finance, reported that Lazarus Group had stolen about $1.75 billion in cryptocurrencies in recent years.<\/p>\n\n\n\n

More attention to North Korea’s hacking operations <\/strong><\/h2>\n\n\n\n

Several cybersecurity analysts’ attention has always been on Russian hacks following the Ukraine war. Now, attention is increasing on the suspected North Korean hackers as they are on the rise.<\/p>\n\n\n\n

Last month, Google researchers revealed that two different North Korean hacking firms target the US media, IT organizations, cryptocurrencies, and other fintech sectors.<\/p>\n\n\n\n

This has prompted Google to create a policy to notify users targeted by state-sponsored hackers.<\/p>\n\n\n\n

Shane Huntley, leader of Google’s Threat Analysis Group, disclosed that if any Google user owns “any link to being involved in Bitcoin or cryptocurrency” and they receive a warning on the state-backed hacking from Google, it’s very likely to be a North Korean attempt.<\/p>\n\n\n\n

Huntley\u00a0expressed to CNN<\/a>, “it seems to be an ongoing strategy for them to supplement and make money through this activity.”<\/p>\n\n\n\n

Photo by Markus Spiske<\/a> from Pexel<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

On Thursday, the FBI said North Korean hackers stole over $600 million in Crypto in a single hack.  The FBI blamed hackers linked with the North Korean government for stealing over $600 million in Crypto in March from a video gaming firm. For the FBI, this is the latest in a series of audacious hacks and cyber heists associated<\/p>\n","protected":false},"author":77,"featured_media":51223,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"subtitle":"","footnotes":""},"categories":[10570],"tags":[10617],"class_list":["post-51222","post","type-post","status-publish","format-standard","has-post-thumbnail","category-security","tag-crypto-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/51222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/comments?post=51222"}],"version-history":[{"count":0,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/51222\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media\/51223"}],"wp:attachment":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media?parent=51222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/categories?post=51222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/tags?post=51222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}