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Home Exchanges

Cybercrime: Lazarus at war against Japanese crypto platforms

by Ashutosh Thakur
October 23, 2022
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War in the web3 – The Lazarus hacker group, suspected of being at the boot of the North Korean government, continues to be talked about in the cryptosphere. After having blow up bridges to get their hands on hundreds of millions of dollars in cryptocurrency, hackers would attack Japanese crypto platforms this time.

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Japanese crypto exchanges in the sights

The strike reportedly killed several people. Lazarus Group allegedly carried out cyberattacks against Japanese cryptocurrency exchanges, according to an investigation by the National Police Agency.

The hackers would have sent a email de phishing employees of these companies. Thus, they managed to infect the computers of their targets and the cryptocurrency exchanges that employ them.

As part of this case, the Japanese National Police Agency has exceptionally revealed the identity presumed to hackerss, before making an arrest, in order to call other crypto businesses to vigilance. However, the authorities have remained discreet about the name of the crypto exchanges that have suffered these attacks.

With the already strained diplomatic relations between Japan and North Korea, these raids, which would be carried out by the North Korean group Lazarus on Japanese economic interests, will certainly not ease the situation. Japan’s web3 ecosystem has a bright future with government support, especially for NFT and metaverse projects. However, industry players should think about seriously strengthening their defense against cyberattacksfacing a hostile neighbor.

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