These attacks specifically target decentralized finance (DeFi) organization employees as part of an ongoing effort to steal cryptocurrency.

Target Selection

According to the FBI, state-sponsored hacking groups have conducted extensive research on targets connected to cryptocurrency exchange-traded funds. This reconnaissance work suggests that North Korea is preparing to launch “highly tailored, difficult-to-detect social engineering campaigns” against cryptocurrency-related businesses soon.

The level of sophistication in these attacks is particularly concerning. The FBI notes that the scammers display such “sophisticated technical acumen” that victims may not even realize they’ve been compromised until it’s too late.

Read more: https://zerosecurity.org/2024/09/fbi-warns-sophisticated-north-korean-social-engineering-attacks-crypto/