Lazarus hacking group continues its criminal activities in the field of cryptocurrencies. The Japanese government believes that the Lazarus group uses social engineering in its attacks.

The Japanese government believes that most of the activities of the Lazarus hacking group are focused on crypto funds; Because these funds have weaker management than other sectors of the cryptocurrency field.

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The criminal activities of the Lazarus hacking group

Japanese National Police The Lazarus hacking group has been blamed for several crypto-related cyber attacks. Japan’s National Police Agency (NPA) and Financial Services Agency (FSA) issued a warning to crypto-asset businesses in the country in a public consultation statement issued on October 14, urging them to be on the lookout for phishing attacks.

This is the fifth time that the Japanese government has issued such a warning. A statement released by the Japanese government warns that the Lazarus hacking group uses social engineering to organize phishing attacks. Lazarus targeted the identity of company managers and made users click on it Malicious links and phishing encourages

This cyber attack group introduces itself as a company manager and sends phishing emails to employees. Phishing is one of the most common methods used by North Korean hackers have been. For this reason, the NPA and the FSA urged companies at risk to store their private keys in an offline environment and not to open suspicious emails.

Japanese government warning to crypto companies

The Japanese government’s statement warns users not to download any files from unofficial and unverified sources. The NPA suggests that Holders of digital currencies Install security software. In order to increase the security of their accounts, users should perform the two-step authentication mechanism and not use the same password on different devices.

According to statistics published by the NPA, Lazarus hacking group So far, it has successfully carried out several of these attacks. The details of these attacks have not been released by Japan’s National Police Agency.

It is said that the Lazarus Group is affiliated with the General Administration of North Korea. Kaysuyuki Okamoto of the multinational Trend Micro told the Yomiuri Shimbun, “Lazarus initially targeted banks in different countries; But recently, the company has become interested in crypto-assets.”

Lazarus hacking group Accused of involvement in the $650 million Paul Ronin hack in March. Other actions of this North Korean group include hacking $150 million worth of assets from the Harmony layer 1 blockchain.

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Source: cointelegraph