Connect with us

Hi, what are you looking for?

Top Stories

North Korean Hackers Exploit Deepfake Technology to Target Crypto Professionals

North Korean hackers are using deepfake Zoom calls to install malware on crypto professionals” devices.

In a disturbing development, North Korean hackers are leveraging deepfake technology to deceive cryptocurrency professionals during live Zoom calls. These sophisticated attacks have seen hackers steal over $300 million by manipulating trust and familiarity.

The modus operandi involves the use of compromised Telegram accounts to impersonate known contacts. Martin Kuchař, co-founder of BTC Prague, highlighted this alarming tactic, revealing that he was personally targeted through a hijacked Telegram account.

During these calls, attackers utilize deepfake AI to present as a trusted friend, remaining muted to create intrigue. This silence serves as a strategic lure, leading victims to install malware disguised as a fix for audio issues. The malicious software often turns out to be a Remote Access Trojan, granting hackers full control over the victim”s system.

Once access is secured, attackers gain visibility into all Telegram contacts. They can then exploit the compromised account to reach out to subsequent victims, perpetuating the cycle of deception. Kuchař urged crypto professionals to alert their networks and avoid joining any unverified Zoom or Teams calls.

Analysis from cybersecurity firm Huntress indicates that these attacks are linked to the North Korean state-sponsored group TA444, part of the infamous Lazarus Group. While these tactics are not new, the scale and sophistication of the current campaign highlight a significant threat to individuals deeply embedded in the cryptocurrency space, such as developers and exchange staff.

MetaMask security researcher Taylor Monahan has previously warned that attackers often analyze chat histories to build trust with their victims before executing their schemes. The targeted nature of these attacks underscores the vulnerabilities faced by individuals in the crypto ecosystem. For instance, a high-profile attack last September against a THORchain executive resulted in losses of approximately $1.3 million with no prompts for administrator approval during the theft of funds from a MetaMask wallet.

The ongoing threat of deepfake technology in cyberattacks further emphasizes the need for enhanced security measures within the cryptocurrency community. As these tactics evolve, vigilance and awareness remain critical in safeguarding against potential infiltration.

You May Also Like

Markets

Bitcoin"s value against gold has reached a critical support level; will it bounce back?

Top Stories

BitRss provides real-time updates and curated content for the crypto community around the clock

Markets

AVAX is currently trading between $21.40 support and $23.50 resistance levels, with potential for short-term recovery.

Markets

Dogecoin"s open interest has fallen to its lowest in six months, signaling potential price volatility ahead.

Business

Ripple"s recent achievements spark discussions on an IPO, though the company denies any immediate plans.

Bitcoin

Bitcoin"s price has dropped below the critical $100,000 level, raising concerns among investors.

Altcoins

LivLive offers a 200% bonus in its presale, making it a standout option for investors seeking affordable crypto.

Altcoins

Ripple, XRP, and the XRP Ledger are distinct entities crucial for cross-border payments.

Regulation

Nvidia"s stock drops sharply after the US bans AI chip sales to China, impacting growth plans.

Altcoins

XRP is poised to play a crucial role in a $30 trillion market for tokenized assets, reshaping finance.

Markets

Ethereum struggles to maintain a $3.2K floor amidst significant DeFi market outflows and low buying conviction.

Top Stories

A counterfeit Hyperliquid app has been identified, raising concerns over user scams.

Copyright © 2024 COINNEWSBYTE.COM. All rights reserved. This website provides educational content, emphasizing that investing involves risks. Ensure you conduct thorough research before investing and be ready for any potential losses. For those over 18 and interested in gambling: Online gambling laws differ across countries; adhere to your local regulations. By using this site, you agree to our terms, including the presence of affiliate links that do not impact our evaluations. Cryptocurrency offers on this site are not in line with UK financial promotion regulations and are not aimed at UK consumers.