FBI Warning: North Korean Hackers Targeting Web3 and Cryptocurrency Industry

IconCryptoNewsTerminal Staff03 Sep, 2024

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FBI Warning: North Korean Hackers Targeting Web3 and Cryptocurrency Industry

The US Federal Bureau of Investigation (FBI) has issued a warning about North Korean state-sponsored hackers targeting individuals in the Web3 industry to steal cryptocurrency. The hackers have been using sophisticated tactics to target employees of decentralized finance (DeFi) companies and compromise their networks associated with cryptocurrency. It is also possible that they will attempt to conduct cyberattacks against providers of cryptocurrency ETFs and other cryptocurrency financial products. The FBI's warning comes amid a rise in North Korean-linked cyberattacks in recent months. In March, the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) issued a joint advisory warning about North Korean hackers targeting US critical infrastructure. The FBI's warning is a reminder to all individuals and organizations involved in the Web3 and cryptocurrency industry to be vigilant against cyberattacks. It is important to use strong security measures, such as two-factor authentication and strong passwords, and to be aware of the latest cyber threats.