Lazarus (hackers group from North Korea) Stole 571 Million Dollars in Cryptocurrency


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North Korean hacking group called Lazarus has managed to steal around half a billion USD in cryptocurrency.

Hackers targeting cryptocurrency exchanges mostly use traditional methods and tools, such as spear phishing, social engineering, and malware.

10 percent of the total funds raised by ICO platforms over the past year and a half have been stolen.

Group-IB predict attacks on ICOs will remain a threat for almost every project looking to attract investors.

Ominously, Group-IB also floats the possibility of the world’s largest mining pools becoming an easy target for state-sponsored hackers, declaring attempted ‘51-percent attacks‘ to be increasingly common.