The FBI has warned crypto companies of sophisticated social engineering attacks by North Korean hackers targeting employees to install malware leading to crypto theft.
South Korea's National Police Agency has revealed that state-sponsored North Korean hackers have been waging an all-out espionage campaign against the country's defense companies since at least 2022, and have lurked in the networks of some targets for over a year.
Chainalysis finds that state-backed North Korean hackers are more reliant than ever on illicit crypto exchanges in Russia to move money. North Korean hackers are thought to have stolen $3.54 billion in cryptocurrency over the last seven and a half years.
