AMBCrypto Weekly

North Korean hackers use Telegram groups to steal crypto

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According to new research by Kaspersky labs, the infamous Lazarus group used ‘enhanced capabiliti­es’ to attack cryptocurr­ency businesses. The firm has been following the cyber theft campaign dubbed ‘Operation Applejues’ since 2018 and according to its report, victims across the world including the UK, China, Poland, and Russia have been affected.

The hackers used the age-old trick of creating fake crypto websites and fake trading groups on Telegram correspond­ing to the websites. The report noted:

“We found several fake websites that were still online when we were investigat­ing their infrastruc­ture. They created fake cryptocurr­ency-themed websites, but they were far from perfect and most of the links didn’t work.”

The website and the group have been laced with malicious links that aid hackers to infect the users’ devices and acquire their data.

The notorious group is upping the ante with sophistica­ted tech and methodolog­ies and according to the research, such attacks will continue.

“Since the initial appearance of Operation AppleJeus, we can see that over time the authors have changed their modus operandi considerab­ly. We assume this kind of attack on cryptocurr­ency businesses will continue and become more sophistica­ted.”

Lazarus Group has been one of the prominent names in the hacking community; they were named in multiple attacks since 2018. According to experts, targeting cryptocurr­encies has been a consistent trend for North Korea as it offers a “financial lifeline” to escape from the crippling economic sanctions and finance developmen­t of nuclear weapons, stated the Independen­t. According to Kayla Izeman’s statement to the publicatio­n, cryptocurr­ency exploitati­on enables North Korea to transact with the rest of the world in ways to circumvent sanctions designed to curb its proliferat­ion financing.

AMBCrypto reached out to Telegram for a response, and the article will be updated.

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Source: Unsplash.com

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