Lazarus Group Targets Crypto Workers with Fake US Firms

Lazarus Group’s Recent Cyber Attacks on Cryptocurrency Developers

The Establishment and Operation of Fake U.S. Companies

The Lazarus Group has set up multiple fake U.S. companies, such as Blocknovas LLC (registered in New Mexico), Softglide LLC (registered in New York), and the closely related Angeloper Agency, which is not registered in the U.S. These companies create a facade of legitimacy using fabricated identities and addresses. They post job listings on popular platforms like LinkedIn, Upwork, and Telegram, specifically targeting cryptocurrency developers.

This tactic is highly deceptive. Job seekers receive interview invitations and are asked to complete programming tests or download specific software, all of which contain malicious code. Once executed, the malware infiltrates the victim’s system, stealing passwords, digital wallet private keys, and other sensitive data. This allows the attackers to gain complete control over the target’s network and assets.

Strategic Objectives Behind the Cyber Attacks

This operation is part of a broader fundraising plan supported by the North Korean government. Due to international sanctions, the Lazarus Group has turned to the cryptocurrency sector to finance its nuclear weapons and missile programs by stealing digital assets. Using fake job postings as bait increases the success rate of attacks and makes tracing the origins more difficult.

Furthermore, this “corporate disguise” strategy indicates the group’s technological advancement. They no longer rely solely on traditional phishing emails or simple malware but instead build a complete commercial identity system to hide their true intentions. This makes it harder for victims to detect risks, thus expanding the attack’s reach.

Implications for Cryptocurrency Industry Security

This incident highlights significant security vulnerabilities in the cryptocurrency industry’s talent recruitment process. Developers often lack vigilance, making them prime targets for advanced persistent threats (APTs). Additionally, the use of legitimate platforms for malicious activities underscores the need for stronger security management of third-party channels and remote work processes.

Industry experts recommend:

– Enhancing employee cybersecurity awareness training to improve the ability to recognize phishing and social engineering attacks.
– Conducting strict reviews of all software testing environments involved in the recruitment process.
– Implementing multi-factor authentication and endpoint detection and response tools to prevent further losses from credential leaks.
– Collaborating with law enforcement to report suspicious entities and take legal actions to disrupt their activities.

Conclusion: Fortifying Defenses Against Hidden Threats in the Cryptocurrency World

As state-sponsored hacker groups turn their attention to high-value digital assets, the cryptocurrency sector faces unprecedented information security challenges. The Lazarus Group’s use of fake U.S. companies to launch targeted attacks reveals new trends in modern cyber warfare and sounds an alarm. Only by continuously improving technical defenses and risk awareness, and deepening international cooperation, can the industry effectively counter these hidden and dangerous threats. This will create a more stable and reliable development environment for the global blockchain ecosystem.

資料來源:

[1] www.fxstreet.com

[2] news.shib.io

[3] www.scworld.com

[4] cryptobriefing.com

[5] www.coindesk.com

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