FBI, US Treasury Department Warn About North Korean-Backed Crypto Hackers

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FBI, US Treasury Department Warn About North Korean-Backed Crypto Hackers
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North Korean-sponsored hackers steal crypto assets from US exchanges and firms to support Kim Jong-un’s dictatorship regime.

Leading American agencies, including the FBI, the Cybersecurity and Infrastructure Security Agency , and the Treasury Department, alerted that North Korean-sponsored hackers seek to exploit crypto firms and exchanges in the USA. The wrongdoers’ main goal is to “generate and launder funds” to support the totalitarian regime in the East Asian country.the cyber threat “associated with cryptocurrency thefts and tactics” employed by North Korean-related gangs that started operating in 2020.

The most employed method that the criminal groups use is social engagement with the victims. They encourage individuals to download trojanized digital asset applications on Windows or macOS operating systems. Then, the hackers use the apps to gain access to the victims’ devices to steal private keys or exploit other security gaps.

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