Hackers From North Korea Seen As Culprits In DeBridge Finance Cyberattack

According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams that the campaign is likely widespread. Lazarus Group Suspected of Attacking Debridge Finance Team Members With a Malicious Group Email There’s been a great number of attacks against decentralized finance (defi) protocols like cross-chain bridges in 2022. While most of the hackers are unknown, it’s been suspected that the North Korean hacking collective Lazarus Group has been....

A panel of experts at the United Nations says that North Korea has amassed $316 million in cryptocurrencies from various cyberattacks on crypto exchanges and financial institutions. The panel also investigated North Korea’s involvement in the $281 million hack of a crypto exchange. UN Expert Panel Sheds Light on North Korea’s Cyberattack Activities A United Nations panel of experts has submitted a draft report reviewing the measures on North Korea to the Security Council’s North Korea Sanctions Committee. Nikkei says it has obtained a copy of the document, noting that it....

deBridge Finance survives an attempted phishing attack, points a finger at the North Korean Lazarus Group, and warns the wider community to be on guard. Cross-chain protocols and Web3 firms continue to be targeted by hacking groups, as deBridge Finance unpacks a failed attack that bears the hallmarks of North Korea’s Lazarus Group hackers.deBridge Finance employees received what looked like another ordinary email from co-founder Alex Smirnov on a Friday afternoon. An attachment labeled “New Salary Adjustments” was bound to pique interest, with various cryptocurrency firms instituting staff....

Entertainment giant Sony has been hacked in one of the most damaging cyberattacks ever. The attackers leaked what appears to be sensitive personal data on roughly 47,000 individuals, including celebrities. Security researchers have analyzed a piece of malware that appears to have been used in the Sony hack, designed to wipe data from infected systems. North Korea is considered a suspect, but the country's officials have denied any involvement. At the same time, the North Korean authorities praised the cyberattack as a "righteous deed" potentially orchestrated by supporters furious over a....

But the threats by North Korea extend to the cyberspace department as well. South Korean officials claim the North has “an effective cyber army”, which has been responsible for various attacks over the past few years. The war between North Korea and South Korea is still going on behind the scenes to this very day. A new report surfaced as to how North Korean hackers stole data of over 10 million South Korean shoppers. While these claims have yet to be proven, the police are investigating the data breach. Once again, this is a clear example of how more secure solutions are needed to....