North Korean crypto attacks rising in sophistication, actors — Paradigm

North Korean crypto attacks rising in sophistication, actors — Paradigm

North Korean electronic attacks grow on the cryptocurrency industry in development and in the number of groups involved in such criminal activity, the encryption company model Warn In a report entitled “Removing mystery of North Korea's threat.”

The report says that North Korea's electronic attacks range from attacks on stock exchanges and social engineering attempts to hunt and kidnapping in the complex supply chain. In some cases, the attacks take a year to play, as North Korea customers spend their time.

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United Nations Estimates This is between 2017 and 2023, North Korean infiltrators recorded the country $ 3 billion. The total distances increased in 2024 and this year, with successful attacks against Crypto Exchanges Wazirx and bybit, which together raised about $ 1.7 billion.

Paradigm writes that North Korean organizations organize these attacks at least five: Lazarus Group, Spinout, Applejeus, dangerous password, traitortrader. There is also an alliance of North Korean customers who are formed as IT workers, and they infiltrate technology companies around the world.

Related to: Explain the encryption in encryption: How infiltrators take advantage of small errors

High -level attacks and expected washing methods

Lazaros Group, the most famous piracy team in North Korea, is thanks to some of the most prominent e -attacks since 2016. According to the model, the group Sony and Bangladesh Bank in 2016 penetrated and helped organize the Wannacry 2.0 attack in 2017.

He has also seized cryptocurrency, and sometimes a major impact. In 2017, the group struck two encryption exchanges – Youbit and Bithumb. In 2022, the Lazaros group took advantage of the Ronin Bridge, which led to hundreds of millions of lost assets. In 2025, it was badly stolen $ 1.5 billion of bybit, and she sent a shock throughout the encryption community. The group may be behind some of Solana Mimikoen's fraud.

As a series of organizations and other organizations also showed, Lazarus Group also has money laundering methods after securing the range. It breaks the stolen amount into smaller and smaller pieces, which sends them to countless portfolios. Then it exchanges the most liquid metal currencies for those who have higher liquidity, and many of them turn to Bitcoin (BTC). After that, the group may sit on the stolen funds for a long period of time until the attention is decreased from the application of the law.

The FBI has determined so far three alleged members of the Lazaros Group, accusing them of Internet devices. In February 2021, the US Department of Justice accused two of these members to participate in Global Cybercrends.

magazine: The exploitation of the Lazarus Group group – Hacks Crypto Analysis

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