North Korean Hackers Leverage Blockchain Malware in Global Cyber Heist Expansion

North Korea-linked hackers are expanding their cyber heists using advanced Malware tools that exploit Blockchain technology to steal Cryptocurrency and evade detection.

• The North Korean group Famous Chollima has deployed two types of Malware, BeaverTail and Otte, to enhance their cyber operations targeting cryptocurrency theft.
• Cisco Talos and Google have reported that these cybercriminals utilize Decentralization techniques and sophisticated job recruitment scams to infiltrate networks and avoid detection.
• This ongoing campaign marks a significant escalation in North Korean cyber tactics, leveraging Smart contract technology to facilitate their illicit activities within the global financial landscape.