News

Brazilian Crypto Firms Are Targeted by North Korean Hackers: Report

single-image

An alarming surge of cyberattacks by North Korean hackers targeting cryptocurrency exchanges, fintech organizations, and individuals in Brazil was revealed in a June 13 threat intelligence assessment from Google Cloud.

Stay in the know on crypto by frequently visiting Crypto News Today

According to the article, the current attacks are the work of the infamous North Korean hacking squad Pukchong, also referred to as UNC4899.

CryptoCaster Quick Check:

Are North Korean hackers coordinating their attacks?

Cybercriminals utilize a cunning strategy to trick gullible people into downloading harmful software that seems to be a cryptocurrency price tracker. The malware allows the attackers to take over the victim’s computer and makes it possible for more dangerous payloads to be downloaded.

North Korean gangs have reportedly targeted Brazil’s cryptocurrency companies as well as aerospace, defense, and government organizations, according to Google threat intelligence. On the other hand, cybercriminals supported by the Chinese government concentrate on attacking South American governments and the energy industry.

Other North Korean hacking groups, like GoPix and URSA, were also discovered to be actively utilizing identical malware attacks to target Brazilian bitcoin companies in addition to Pukchong.

Advertisement

Cyber-attack Targets Brazil’s Digital Boom

The security of cryptocurrency wallets and exchanges, which are frequently targeted by hackers, was a major worry at the time of this revelation.

A zero-day vulnerability that targets iOS users was alerted to by Trust Wallet on April 15. The company that provides cryptocurrency wallets revealed that the vulnerability can let hackers access customer data without authorization.

Trust Wallet recommended customers to turn off iPhone iMessage until Apple closed the loophole, even though no victims had been identified at the time.

Additionally, in May 2024, the cybersecurity company Kaspersky discovered that malware was used by the North Korean hacking group Kimsuky to target cryptocurrency companies in South Korea. The malware known as “Durian” permits the exfiltration of private files, further file downloads, and the execution of commands that are supplied.

Advertisement

Brazil is susceptible to cyberattacks from both domestic and foreign threat actors, according to Google’s threat analysis. The nation’s flourishing economy makes it an attractive target for the digital underworld as its digital payment sector grows.

Notably, ransomware groups have shifted their attention from North America and Europe to the Latin American nation.

Brazil is even the second-most-targeted country according to ransomware-as-a-service gang RansomHub’s leak site, highlighting the growing threat to Brazil’s digital ecosystem. CRYPTOCASTER® - DECENTRALIZED FREEDOM!


W

e hope you enjoyed this article. Before you move on, we invite you to consider supporting CryptoCaster’s journalism.

Billionaire owners like Elon Musk, Larry Fink (BlackRock), and Jamie Dimon (JP Morgan Chase) often have a strong influence on the hidden agendas surrounding the paradigm shift brought about by cryptocurrency and emerging Web3 technologies. CryptoCaster stands apart. We have no billionaire owner or shareholders to please. Our journalism is dedicated to serving the public interest in crypto development and institutional disruptions, not profit motives.

We avoid the pitfall of much U.S. and global media, which often resorts to false equivalence in the name of neutrality and retail consumer protection. While fairness and transparency guide everything we do, we recognize that there is a right and wrong stance in the fight against fiat global banking interests and the monetary reconstruction driven by the emerging crypto ecology.

When we report on issues like the FTX, Binance, and Ripple crises, we’re not afraid to name names and uncover the truth. As a crypto sentinel, we offer a fresh, outsider perspective on global monetary disruption—something often missing from the insular American and European media bubble.

CryptoCaster’s paywall-free journalism is accessible worldwide thanks to our unique reader-supported model. This is made possible by readers like you. Your support keeps us independent, free from outside influence, and accessible to everyone, regardless of their ability to pay for news and information.

We are grateful for the ongoing monetary support from our readers. If you haven’t yet considered supporting CryptoCaster, please consider contributing just once from $1 or more in Bitcoin (satoshi) or Ether, or even better, support us monthly with a bit more. Scroll further down this page to find CryptoCaster’s wallet addresses.

Thank you.

Kristin Steinbeck
Editor, CryptoCaster


Please Read Essential Disclaimer Information Here.
© 2024 Crypto Caster provides information. CryptoCaster.world does not provide investment advice. Do your research before taking a market position on the purchase of cryptocurrency and other asset classes. Past performance of any asset is not indicative of future results. All rights reserved.


Contribute to CryptoCaster℠ Via Metamask or favorite wallet. Send Coin/Token to Addresses Provided Below.
Thank you!
BTC – bc1qgdnd752esyl4jv6nhz3ypuzwa6wav9wuzaeg9g
ETH – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
MATIC – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
LITECOIN – ltc1qxsgp5fykl0007hnwgl93zr9vngwd2jxwlddvqt


CRYPTOCASTER HEATMAP


You may also like