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<p>The United States Federal Bureau of Investigation (FBI) has recently highlighted a significant cybersecurity threat posed by North Korean cybercriminals targeting the web3 and cryptocurrency sectors.</p> 
<p>North Korean cyber criminals are using sophisticated social engineering methods to deceive employees at cryptocurrency and decentralized finance (DeFi) firms. These tactics involve impersonating high-profile figures within a company or creating tailored scenarios based on the victim’s role, skills, or business interests to gain their trust.</p> 
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   Source: <a href="https://www.ic3.gov/Media/Y2024/PSA240903" target="_blank" data-type="link" data-id="https://www.ic3.gov/Media/Y2024/PSA240903" rel="noreferrer noopener nofollow">ic3</a>
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<p>North Korean actors have been deeply investigating companies associated with bitcoin exchange-traded funds (ETFs) and other cryptocurrency-related financial products in recent months. Pre-operational research suggests that these criminals could target businesses connected to these items with hostile operations.</p> 
<p>The FBI cautions companies against keeping private cryptocurrency wallet data on internet-connected devices as they may be targets of cyberattacks. If these requests originate from unknown sources, companies should exercise caution when deploying non-standard software or apps on their network.</p> 
<p>Separate communication channels should be established to authenticate requests and people to stop social engineering attacks and enhance security generally.</p> 
<p>Hackers from North Korea have already obtained sensitive data from bitcoin companies by using fictitious job advertising. As of July 2024, North Korean cyber criminals have lost an incredible $3 billion in cryptocurrency assets. This graph illustrates the scope and wide-ranging effects of various cyber threats.</p> 
<p>The FBI’s warning serves as a crucial reminder for web3 and cryptocurrency firms to enhance their cybersecurity measures and remain vigilant against these persistent and evolving threats.</p> 
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  <blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
   <p>Also Read: <a href="https://www.cryptotimes.io/2024/08/31/north-korean-hackers-exploit-chrome-flaw-to-steal-cryptocurrency-report/" target="_blank" rel="noreferrer noopener">North Korean Hackers Exploit Chrome Flaw to Steal Cryptocurrency: Report</a></p> 
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FBI Issues Warning on North Korean Threats to Crypto Sector

The Crypto Times

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