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Reading: North Korean Hackers Target South Korean Crypto Companies with New Malware
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COINTURK NEWS > Cryptocurrency Security > North Korean Hackers Target South Korean Crypto Companies with New Malware
Cryptocurrency Security

North Korean Hackers Target South Korean Crypto Companies with New Malware

In Brief

  • North Korean hackers use new malware, Durian, to attack South Korean crypto firms.

  • Durian malware exploits legitimate security software, enabling sustained attacks.

  • Kaspersky reports Durian provides backdoor functionalities for command execution and data leakage.

COINTURK NEWS
COINTURK NEWS 12 months ago
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It has been reported that North Korean computer hackers have started attacks on South Korean crypto companies using a striking new malware called Durian. According to a threat report dated May 9 by cybersecurity firm Kaspersky, the North Korean hacking group Kimsuky has used the new malware in a series of targeted attacks on at least two cryptocurrency companies so far.

Contents
Security Company Issues a Striking WarningCrypto Market and Hack Attacks

Security Company Issues a Striking Warning

This step was addressed through a persistent attack utilizing legitimate security software exclusively used by South Korean crypto firms.

The previously unknown Durian malware acts as an installer that distributes a continuous stream of malware, including a special proxy tool known as LazyLoad and other legitimate tools such as Chrome Remote Desktop. The Kaspersky team shared the following statements:

“Durian has comprehensive backdoor functionality that allows the execution of delivered commands, additional file downloads, and data leakage.”

Furthermore, Kaspersky noted that LazyLoad is also used by Andariel, a subgroup of the North Korean hacking consortium Lazarus Group; this suggests a weak link between Kimsuky and the more infamous hacking group.

Crypto Market and Hack Attacks

First emerging in 2009, Lazarus has established itself as one of the most notorious groups of crypto hackers. On April 29, independent blockchain detective ZachXBT revealed that the Lazarus group successfully laundered over 200 million dollars in illicitly obtained crypto between 2020 and 2023.

In total, the Lazarus Group is accused of stealing more than 3 billion dollars in crypto assets over the six years up to 2023. It is known that Lazarus stole more than 309 million dollars in 2023 alone, which accounts for over 17% of the total funds stolen that year. According to a report by Immunefi dated December 28, over 1.8 billion dollars worth of crypto assets were lost in 2023 due to hacking and exploitation of vulnerabilities.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 13 May, 2024 - 1:24 pm 13 May, 2024 - 1:24 pm
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