In a recent shocking development, the FBI warns North Korean scammers are targeting the cryptocurrency industry in a fresh wave of attacks. In a public alert published on September 3, the agency shared specific details about how those scammers use phoney job opportunities along with investment opportunities to dupe victims. That malware is designed to compromise devices to get sensitive information from them.
The scams are really polished, the FBI said, with attackers often posing as legitimate recruiters or investors. Those executing these attacks tend to target employees from various DeFi and cryptocurrency firms by holding incessant conversations in fluent English, all in the name of gaining their targets’ trust. According to the FBI, North Korean scammers run “complex and elaborate” social engineering attacks that are tough to detect.
The FBI stated,
“The actors usually attempt to initiate prolonged conversations with prospective victims to build rapport and deliver malware in situations that may appear natural and non-alerting,”
The detailed statement issued by the FBI on its social media forums is as follows:
These schemes have already exacted significant losses. North Korean hackers have stolen approximately $3 billion in crypto since 2017, according to the FBI. The agency cautions that such fraudsters are “extremely knowledgeable about the technical details of the cryptocurrency industry.” FBI warns North Korean scammers target firms tied to Crypto-based ETFs.
Because of this, the FBI alerts that all in the crypto industry should be very vigilant. They say it is a good idea if one verify any person offering jobs or investment opportunities. If anything suspicious is found, the FBI does not hesitate to encourage one to report the same immediately. According to the FBI, North Korean scammers are increasingly threatening the entire global crypto market and the key to asset protection lies in vigilance.
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