North Korean Hackers Try to Get Hired at Binance Every Day—Here’s How They're Spotted
Main Idea
North Korean hackers, particularly the Lazarus Group, have significantly increased their crypto theft activities in 2024, employing sophisticated methods like fake employees and malicious code injections.
Key Points
1. North Korean hackers stole $1.34 billion in 2024 across 47 incidents, a 102.88% increase from 2023.
2. The Lazarus Group is known for using fake employees to facilitate attacks, often appearing as top performers in companies.
3. Attack methods include poisoning public NPM libraries with malicious code and making fake job offers to crypto developers.
4. Binance's chief security officer highlighted the use of AI by hackers to fake identities and locations, making detection harder.
5. Other notable crypto-related incidents include a $450K 'Proximity Breach' theft and legal actions against figures like Do Kwon and the founders of HashFlare.
Description
Jimmy Su, chief security officer at Binance, explains how the exchange detects North Korean hackers masquerading as job applicants.
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