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US government warns that North Korea is targeting crypto firms

On Monday, three major US government entities issued a joint alert on cyber threats faced by companies working in the blockchain and cryptocurrency sector. These entities were the Federal Bureau of Investigation, the Cybersecurity and Infrastructure Security Agency (CISA), and the US Treasury Department. The public announcement, referred to as a ‘cybersecurity advisory’ was posted on CISA’s official website. CISA is a federal agency under the US Department of Homeland Security tasked to improve the country’s cybersecurity, and routinely puts …

Escalation on Ukrainian border leads to spike in ransomware and data leaks against Russia and Belarus

A wave of ransomware and data extraction attacks is building alongside Russian troops on the Ukrainian border.  On January 24, a Belarusian hacktivist group called “Cyber Partisans” announced that it had captured elements of Belarusian Railways’ IT system via ransomware.  Earlier activities by Cyber Partisans included modding Telegram to circumvent government restrictions. They are also associated with dissident media, including Nexta.  The ransom the group demanded was, consequently, unusual: The release of 50 high-risk political prisoners and the refusal to …

North Korean hackers target crypto startups in months-long campaign 

A Thursday report from the Russian cybersecurity firm Kaspersky Labs identified North Korean hackers behind sophisticated phishing and social engineering attacks targeting cryptocurrency startups. Kaspersky internally identified the North Korean hackers as BlueNoroff, who have stolen over $1.1 billion from financial institutions worldwide, according to the US Treasury Department. BlueNoroff is believed to be a part of Lazarus, a larger group of cybercriminals seeking to finance the North Korean government hindered by international sanctions. One scheme Kaspersky observed was BlueNoroff …