WazirX Hack May Be Linked to North Korean Hacking Group Lazarus, Says CyberAlert CEO

WazirX Hack May Be Linked to North Korean Hacking Group Lazarus, Says CyberAlert CEO

The recent hack of cryptocurrency exchange WazirX could be the work of Lazarus, a North Korean hacking group, according to Deddy Lavid, CEO of blockchain security company Cyvers Alert. In an interview with CryptoSlate, Lavid said that the use of Tornado Cash, a cryptocurrency mixing service, to launder the stolen funds is a sign that Lazarus could be behind the attack. Lazarus has been linked to numerous high-profile cyberattacks in recent years, including the 2014 hack of Sony Pictures and the 2017 WannaCry ransomware attack. The group is known for its sophisticated hacking techniques and its ability to target a wide range of organizations. If Lazarus is indeed behind the WazirX hack, it would mark a significant escalation in the group's activities. Cryptocurrency exchanges have become increasingly popular targets for hackers in recent years, as they hold large amounts of valuable digital assets. The hack of WazirX could have a major impact on the cryptocurrency industry. It could lead to increased scrutiny of cryptocurrency exchanges and could make it more difficult for people to trade and store their digital assets. It is important to note that the investigation into the WazirX hack is ongoing and that no official attribution has been made. However, the evidence that has emerged so far suggests that Lazarus could be responsible for the attack.