North Korean Hacker Group ‘Lazarus’ Stole $571 mn in Crypto Attacks
Oct. 20, 2018Amid growing crypto-jacking episodes, a North Korean hacking group called Lazarus has stolen cryptocurrencies worth more than half a billion dollars.
Hackers targeted cryptocurrency exchanges with spear phishing, social engineering and malware. Group-IB expects the number of targeted attacks on cryptocurrency exchanges to rise, and not just the ones from Lazarus.
Nearly 10 per cent of the total funds raised by Initial Coin Offering (ICO) platforms over the past year and a half have been stolen. According to the report, large phishing groups are capable of stealing $1 million a month.
