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North Korea linked to crypto heists of over $650 million in 2024 alone
Accidentally hiring North Korean IT workers is one problem.
As recently as September 2024, the United States government observed aggressive targeting of the cryptocurrency industry by the DPRK with well-disguised social engineering attacks that ultimately deploy malware, such as TraderTraitor, AppleJeus and others. A warning issued by the FBI last September noted that their methods to gain access for delivering these payloads include “individualized fake scenarios,” such as enticing victims with prospective jobs and business opportunities. They’ve also used long-time common phishing tactics against employees of crypto firms, such as convincing impersonations of trusted contacts or prominent people of interest in related industries, with realistic photos and information likely lifted from public social media accounts of known connections.
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