A North Korean Group Attacks Japanese Stock Exchanges - Coinleaks
Current Date:September 21, 2024

A North Korean Group Attacks Japanese Stock Exchanges

Japanese authorities announced that the Lazarus group, which is said to be backed by North Korea, attacked cryptocurrency exchanges.

The Japan National Police Service announced that an attack was launched by Lazarus Group on several cryptocurrency exchanges (CEX) in the country. It was announced that the stock markets were damaged in multiple cyber attacks.

Lazarus Group Attacks Japanese Stock Exchanges

In the attacks carried out by the Lazarus Group on cryptocurrency exchanges, the Japanese authorities announced that hackers sent a kind of phishing emails to install malware on computers, hack and provide an environment for the theft of crypto assets.

Apart from that, hackers were reportedly trying to reach CEX employees via social networks to get them to download the malware. Japanese officials, including the country’s Financial Service Agency, have warned local crypto businesses to be vigilant in such situations.

The statements made by the Japanese authorities on the subject were as follows:

“This cyberattack group sends phishing emails to employees of the target company pretending to be managers of the target company, using fake accounts on social networking services to enable them to download and use malware under the guise of transactions. Those operating in this field should be more careful.”