TraderTraitor: When States do Social Engineering
North Korea’s Lazarus Group is using social engineering attacks to target users of cryptocurrency, according to a joint advisory from the US FBI, the Cybersecurity and Infrastructure Security Agency (CISA), and the US Treasury Department.
“The U.S. government has observed North Korean cyber actors targeting a variety of organizations in the blockchain technology and cryptocurrency industry, including cryptocurrency exchanges, decentralized finance (DeFi) protocols, play-to-earn cryptocurrency video games, cryptocurrency trading companies, venture capital funds investing in cryptocurrency, and individual holders of large amounts of cryptocurrency or valuable non-fungible tokens (NFTs),” the advisory says. “The activity described in this advisory involves social engineering of victims using a variety of communication platforms to encourage individuals to download trojanized cryptocurrency applications on Windows or macOS operating systems. The cyber actors then use the applications to gain access to the victim’s computer, propagate malware across the victim’s network environment, and steal private keys or exploit other security gaps. These activities enable additional follow-on activities that initiate fraudulent blockchain transactions.”
The threat actor is using spear phishing attacks to trick users into downloading malicious cryptocurrency apps.
North Korean threat actors are well-known for conducting financially motivated operations for their heavily sanctioned government. New-school security awareness training can teach your employees how to avoid falling for social engineering attacks.