12/26/2023 0 Comments Lazarus group history![]() However, the implications are substantial considering its vast user base of 5 million worldwide. ![]() After the hack, the hackers subsequently laundered the stolen assets using Sinbad mixer, a single crypto-mixing service that the Lazarus Group employed in past attacks, leaving a distinctive footprint.Ītomic Wallet acknowledged that a fraction of its active users, less than 1%, were affected by the cyber-attack. Elliptic established a strong connection by analysing the hackers' techniques and similarities to their previous exploits. This attack showcases the audacity and sophistication of cybercriminals in targeting cryptocurrency-related platforms.īlockchain analytics firm Elliptic played a significant role in attributing the attack to the Lazarus Group with a high level of confidence. Analysts have linked the group to stealing approximately $35 million from Atomic Wallet, a popular decentralised wallet platform. The Lazarus Group, a notorious hacking collective associated with North Korea, has once again made headlines with its involvement in a major cyber-attack. Their motivations are primarily financial and politically motivated, according to reports. The group is known for its advanced hacking techniques, sophisticated malware, and targeted campaigns against government entities, financial institutions, cryptocurrency exchanges, and other organisations. Investigations reveal their involvement with notable high-profile cyberattacks, including financial theft, espionage, and disruptive activities like the WannaCry ransomware attack and the Sony Pictures Entertainment hack. A broad look into the group's activities shows they have been around for over ten years. ![]() The Lazarus group is a well-known cybercriminal organisation that speculations reveal operates from North Korea. In this blog post, we will delve into the details of the Lazarus Group's cyber-attack on the decentralised wallet platform Atomic Wallet, exploring the impact and underscoring the importance of robust cybersecurity measures. ![]() Recent events, such as the cyber-attacks attributed to the Lazarus Group, are a stark reminder of the evolving threats facing individuals and organisations alike. Cybersecurity has become more crucial in today's interconnected digital landscape than ever. ![]()
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