Photo: yahoo.com
CZ Targeted by 'Government-Backed' Hackers - Is North Korea's Lazarus Group Behind It?
Binance founder Changpeng CZ Zhao faced a hacking attempt attributed to government-backed actors, raising alarms about North Koreas Lazarus Group targeting the cryptocurrency sector.
- Changpeng CZ Zhao received a security alert from Google indicating an attempted hack linked to North Koreas notorious Lazarus Group, known for cyberattacks.
- Lazarus Group, a cybercrime organization associated with North Korea, has been implicated in numerous attacks on the crypto industry, emphasizing the ongoing threat to exchanges like Binance.
- In a recent incident, Zhaos Binance platform was specifically targeted, highlighting vulnerabilities in cryptocurrency security and the importance of strong password protection.
Why It Matters
The targeting of prominent figures like Changpeng CZ Zhao by North Koreas Lazarus Group underscores the persistent threat posed by state-sponsored cybercrime to the cryptocurrency market, raising concerns for investors and exchanges alike.