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North Korean Hackers Breach US Tech Company to Steal Crypto

1 Mins read

A North Korean hacking group has breached a US tech company and stolen cryptocurrency estimated to be worth $100 million.

The group targeted JumpCloud, a company that provides cloud-based directory services, and gained access to the company’s systems by exploiting a vulnerability in the company’s software. Once they had access, the hackers were able to steal cryptocurrency from JumpCloud’s customers.

According to reports, the hackers are believed to be part of a North Korean hacking group known as Lazarus Group. Lazarus Group is a well-known hacking group that has been responsible for a number of high-profile cyberattacks, including the WannaCry ransomware attack and the Sony Pictures hack.

The theft of cryptocurrency from JumpCloud is the latest in a series of cyberattacks by North Korean hackers. In recent years, North Korean hackers have stolen billions of dollars worth of cryptocurrency. The stolen cryptocurrency is allegedly used to fund North Korea’s nuclear and missile programs.

This is a significant attack on a US company, and it shows that North Korean hackers are still active and targeting cryptocurrency,” said a cybersecurity expert.

The cyberattack on JumpCloud is a reminder of the growing threat of cyberattacks from North Korea. North Korean hackers are increasingly targeting cryptocurrency companies and exchanges. Businesses and individuals who hold cryptocurrency should be aware of the risks and take steps to protect their assets.

This attack should serve as a warning to businesses and individuals who hold cryptocurrency. You need to take steps to protect your assets,” another cybersecurity expert said.

The cyberattack on JumpCloud is a serious threat to the cryptocurrency industry. It is important for businesses and individuals who hold cryptocurrency to be aware of the risks and take steps to protect their assets.

How to protect your crypto from cyberattacks

Here are some tips for protecting your cryptocurrency from cyberattacks:

  • Use a strong password and two-factor authentication for your cryptocurrency accounts.
  • Store your cryptocurrency in a secure wallet.
  • Be careful about clicking on links in emails or on social media.
  • Be aware of the latest scams and phishing attacks.

By following these tips, you can help to protect your cryptocurrency from cyberattacks.

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When I'm not reading about tech, I'm writing about it, or thinking about the next weird food combinations to try. I do all these with my headphones plugged in, and a sticky note on my computer with the words: "The galaxy needs saving, Star Lord."
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