In 2024, North Korean hackers stole $659 million in cryptocurrency, with major incidents including a $308 million loss at DMM Bitcoin, leading to the exchange's closure.
The joint statement from the US, Japan, and South Korea attributes the $235 million theft from WazirX to the Lazarus Group, further highlighting their notorious cybercrime history.
The FBI warned of North Korea's increasing focus on the cryptocurrency sector, using sophisticated tactics like social engineering and malware that exploit employees' vulnerabilities.
The DPRK has employed various phishing techniques, including convincing impersonations of trusted contacts, to gain access and deliver malware, illustrating their ongoing cyber threat.
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