No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, October 4, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

North Korean Hackers Use Fake U.S. Companies to Spread Malware in Crypto Industry: Report

by TheAdviserMagazine
5 months ago
in Cryptocurrency
Reading Time: 4 mins read
A A
North Korean Hackers Use Fake U.S. Companies to Spread Malware in Crypto Industry: Report
Share on FacebookShare on TwitterShare on LInkedIn


North Korean hackers reportedly established seemingly
legitimate companies on U.S. soil to infiltrate the crypto sector, targeting
unsuspecting developers through fake job offers.

With legal registrations, corporate fronts, and social
engineering, the attackers concealed their true identities behind American
business facades to deliver malware until the FBI stepped in, according to security firm Silent Push, as quoted by the Japanese Times.

Corporate Fronts, Empty Lots, Real Threats

According to security firm Silent Push, two companies,
Blocknovas and Softglide, were registered in New Mexico and New York using
fabricated addresses and identities. These shell firms served as lures for
crypto developers seeking job opportunities.

Blocknovas, the more active of the two, listed a South
Carolina address that turned out to be an empty lot. Softglide’s paperwork
linked back to a Buffalo-based tax office.

The fake firms formed part of an advanced campaign by
a subgroup of the Lazarus Group, a state-sponsored cyber unit linked to North
Korea’s Reconnaissance General Bureau.

The hackers used fake job postings and LinkedIn-style
profiles to engage developers in interviews. During these interactions, the
victims were prompted to download files disguised as application materials or
onboarding documents.

The malware could steal data, provide backdoor access
to systems, and lay the groundwork for follow-up attacks using spyware or
ransomware. Silent Push confirmed that at least three known North Korean
malware types were used in the campaign.

FBI Moves In

Federal agents seized the Blocknovas domain, citing
its use in distributing malware. A notice now posted on the site confirms that
the action was part of broader law enforcement efforts against North Korean
cyber actors.

The FBI did not comment directly on the companies
involved but emphasized its ongoing focus on exposing and punishing DPRK-backed
cybercrime.

The scheme violates both U.S. and United Nations
sanctions. North Korea is barred from engaging in commercial activities
designed to aid its government or military. OFAC, the Treasury’s enforcement
body, prohibits North Korean-linked entities from operating within the United
States.

This campaign is part of a broader strategy by North
Korea to exploit the crypto ecosystem. The country’s cyber units have stolen billions in
digital assets and dispatched thousands of IT professionals overseas to
generate funds, efforts widely believed to support Pyongyang’s nuclear weapons
program.

North Korean hackers reportedly established seemingly
legitimate companies on U.S. soil to infiltrate the crypto sector, targeting
unsuspecting developers through fake job offers.

With legal registrations, corporate fronts, and social
engineering, the attackers concealed their true identities behind American
business facades to deliver malware until the FBI stepped in, according to security firm Silent Push, as quoted by the Japanese Times.

Corporate Fronts, Empty Lots, Real Threats

According to security firm Silent Push, two companies,
Blocknovas and Softglide, were registered in New Mexico and New York using
fabricated addresses and identities. These shell firms served as lures for
crypto developers seeking job opportunities.

Blocknovas, the more active of the two, listed a South
Carolina address that turned out to be an empty lot. Softglide’s paperwork
linked back to a Buffalo-based tax office.

The fake firms formed part of an advanced campaign by
a subgroup of the Lazarus Group, a state-sponsored cyber unit linked to North
Korea’s Reconnaissance General Bureau.

The hackers used fake job postings and LinkedIn-style
profiles to engage developers in interviews. During these interactions, the
victims were prompted to download files disguised as application materials or
onboarding documents.

The malware could steal data, provide backdoor access
to systems, and lay the groundwork for follow-up attacks using spyware or
ransomware. Silent Push confirmed that at least three known North Korean
malware types were used in the campaign.

FBI Moves In

Federal agents seized the Blocknovas domain, citing
its use in distributing malware. A notice now posted on the site confirms that
the action was part of broader law enforcement efforts against North Korean
cyber actors.

The FBI did not comment directly on the companies
involved but emphasized its ongoing focus on exposing and punishing DPRK-backed
cybercrime.

The scheme violates both U.S. and United Nations
sanctions. North Korea is barred from engaging in commercial activities
designed to aid its government or military. OFAC, the Treasury’s enforcement
body, prohibits North Korean-linked entities from operating within the United
States.

This campaign is part of a broader strategy by North
Korea to exploit the crypto ecosystem. The country’s cyber units have stolen billions in
digital assets and dispatched thousands of IT professionals overseas to
generate funds, efforts widely believed to support Pyongyang’s nuclear weapons
program.



Source link

Tags: CompaniesCryptofakeHackersindustryKoreanMalwareNorthReportspreadU.S
ShareTweetShare
Previous Post

Stifel CEO gets a 21% pay bump in 2024

Next Post

First spot XRP ETF issued by Hashdex begins trading in Brazil

Related Posts

edit post
Bitcoin Capital Flow Must Enter The Network Before Global Dominance — Here’s What Will Happen

Bitcoin Capital Flow Must Enter The Network Before Global Dominance — Here’s What Will Happen

by TheAdviserMagazine
October 3, 2025
0

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with...

edit post
REX-Osprey and Defiance file 27 crypto ETFs, including staking and 3x leverage

REX-Osprey and Defiance file 27 crypto ETFs, including staking and 3x leverage

by TheAdviserMagazine
October 3, 2025
0

REX-Osprey filed prospectuses for 21 crypto funds and Defiance lodged six more products on Oct. 3.Bloomberg’s James Seyffart shared the...

edit post
‘Upctober’ Ignites Crypto Frenzy: Bitcoin Flirts With 4K, BNB Breaks Records

‘Upctober’ Ignites Crypto Frenzy: Bitcoin Flirts With $124K, BNB Breaks Records

by TheAdviserMagazine
October 3, 2025
0

Bitcoin ( BTC) nearly touched $124,000 on Oct. 3, fueled by “Upctober” optimism. The cryptocurrency peaked at $123,966 before settling...

edit post
Bitcoin Approaches 4K Peak as U.S. Shutdown Fuels Crypto Surge

Bitcoin Approaches $124K Peak as U.S. Shutdown Fuels Crypto Surge

by TheAdviserMagazine
October 3, 2025
0

More Volume, More Revenue, Better Traders: Crypto Derivatives with Shift Markets More Volume, More Revenue, Better Traders: Crypto Derivatives with...

edit post
Companies Weigh in as UK Prepares to Reverse Crypto ETN Ban

Companies Weigh in as UK Prepares to Reverse Crypto ETN Ban

by TheAdviserMagazine
October 3, 2025
0

The UK’s Financial Conduct Authority (FCA) is set to soon reverse a ban on crypto exchange-traded notes (ETNs) for retail...

edit post
OnePay to add Bitcoin and Ether trading with Zerohash’s help

OnePay to add Bitcoin and Ether trading with Zerohash’s help

by TheAdviserMagazine
October 3, 2025
0

Key Takeaways OnePay, a Walmart-backed fintech app, will support Bitcoin and Ether trading. The service launch will be enabled by...

Next Post
edit post
First spot XRP ETF issued by Hashdex begins trading in Brazil

First spot XRP ETF issued by Hashdex begins trading in Brazil

edit post
The Financial Grab Bag: 5 Moves That Might Help You Thrive

The Financial Grab Bag: 5 Moves That Might Help You Thrive

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Former Tesla exec claims EV industry will grow, not shrink, after death of ,500 tax credit: ‘The market’s established’

Former Tesla exec claims EV industry will grow, not shrink, after death of $7,500 tax credit: ‘The market’s established’

0
edit post
Starbucks (SBUX): A look at the java giant’s initiatives in its biggest market

Starbucks (SBUX): A look at the java giant’s initiatives in its biggest market

0
edit post
Nvidia and Fujitsu agree to work together on AI robots and other technology

Nvidia and Fujitsu agree to work together on AI robots and other technology

0
edit post
From Transactional to Transformational: It is Time To Rebrand the Financial Aid Office

From Transactional to Transformational: It is Time To Rebrand the Financial Aid Office

0
edit post
Biglaw Money Is Talking – See Also

Biglaw Money Is Talking – See Also

0
edit post
Inflation and Economic Growth | Mises Institute

Inflation and Economic Growth | Mises Institute

0
edit post
Former Tesla exec claims EV industry will grow, not shrink, after death of ,500 tax credit: ‘The market’s established’

Former Tesla exec claims EV industry will grow, not shrink, after death of $7,500 tax credit: ‘The market’s established’

October 4, 2025
edit post
Why Quant MF faltered and how to invest in 2025: Chirag Muni explains

Why Quant MF faltered and how to invest in 2025: Chirag Muni explains

October 4, 2025
edit post
US stocks: Dow, S&P 500 manage record closing highs; Nasdaq falls in volatile session

US stocks: Dow, S&P 500 manage record closing highs; Nasdaq falls in volatile session

October 3, 2025
edit post
U.S., Europe brands take on the Chinese consumer

U.S., Europe brands take on the Chinese consumer

October 3, 2025
edit post
Bitcoin Capital Flow Must Enter The Network Before Global Dominance — Here’s What Will Happen

Bitcoin Capital Flow Must Enter The Network Before Global Dominance — Here’s What Will Happen

October 3, 2025
edit post
Biglaw Money Is Talking – See Also

Biglaw Money Is Talking – See Also

October 3, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Former Tesla exec claims EV industry will grow, not shrink, after death of $7,500 tax credit: ‘The market’s established’
  • Why Quant MF faltered and how to invest in 2025: Chirag Muni explains
  • US stocks: Dow, S&P 500 manage record closing highs; Nasdaq falls in volatile session
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.