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North Korean hackers are pretending to be crypto VCs in new phishing scheme — Kaspersky

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North Korean hackers are pretending to be crypto VCs in new phishing scheme — Kaspersky

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North Korean Hackers Target Crypto VCs In New Phishing Scheme

According to reports from Kaspersky, North Korean hackers are targeting venture capitalists as part of a phishing scheme. The hackers are using email messages to pose as legitimate venture capitalists and other influential people in the cryptocurrency space in order to gain access to sensitive financial information and funds.

How The Hackers Are Operating

The hackers are sending emails to VCs and other influential people in the cryptocurrency space, posing as legitimate contacts. They use social engineering tactics, such as providing detailed biographies and pictures, in order to make their messages convincing. Once the victims open the message and read it, they are then asked to transfer money to a specific cryptocurrency wallet address.

What The Hackers Are After

According to Kaspersky’s analysis, the hackers are after personal information, such as passports, driver’s licenses, and other sensitive financial documents. They are also looking to gain access to bank accounts and cryptocurrency wallets. The hackers also want to infect the victims with malicious software so they can collect more data and funds.

How To Counter This Threat

In order to protect yourself from this phishing scheme, Kaspersky recommends following these steps:

  • Be wary of unsolicited emails. Be suspicious of any email that you receive from someone you don’t know. Don’t open the email or click on any links that it contains.
  • Be mindful of confidential information. If an email is asking for confidential information, chances are it is a phishing attempt. Be sure to double-check the sender’s identity and contact them through a legitimate email address if you have any concerns.
  • Check the source code. If you receive an email with a link, be sure to check the source code of the email first. Malicious links are usually embedded in the code and not in the body of the email.
  • Install security software. Make sure all your devices are protected with reliable security software, such as Kaspersky. This will help protect you from any malicious links or attachments that may be in the emails you receive.

By following these steps, you can help protect yourself from this new phishing scheme and keep your personal information and financial data safe.

Kaspersky, an internet and computer security company, recently warned users of a new phishing scheme involving North Korean hackers impersonating crypto venture capitalists.

In a blog post published on April 1, the company reported that the hackers had “adopted a new method for communication and attempted to establish relationships with potential targets”. The hackers created a range of fake social media profiles, websites, and email addresses pretending to represent crypto VCs and financial organisations.

Kaspersky said that the fake crypto VCs sent unsolicited messages and emails to potential victims, pretending to offer investment opportunities to those interested in crypto assets. However, if users tried to establish contact and discussed these investments, the hackers would use “spearphishing” techniques to steal their credentials and personal data.

The company said that this was a “highly organized and persistent attack campaign”, and that it had been going on since August 2020. While it is not yet clear who the perpetrators are, Kaspersky believes they are “most likely” North Korean hackers.

Kaspersky has warned users to remain vigilant when engaging with potential investors online. They must never reveal personal details or passwords, and should always be cautious when discussing investments.

Kaspersky recommends that users watch out for any suspicious communications, double-check the legitimacy of intermediaries, and not click any URLs or links until they are sure of their veracity. It also advises them to use a trusted security solution to stay protected from these kinds of scams.

Ultimately, Kaspersky said, “Even if an investment offer looks too good to be true, it doesn’t matter – investment scams rarely offer real returns. ”

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