3 steps crypto investors can take to avoid hacks by the Lazarus Group


17 Sep 2023 8:50 PM

Want to avoid being hacked by the Lazarus Group? Cointelegraph explores how crypto investors can improve their operational security....

  • Cryptocurrency users are vulnerable to online hacks, as demonstrated by recent incidents involving Mark Cuban and the Lazarus Group.
  • The Lazarus Group is a North Korean state-sponsored hacking group known for sophisticated attacks, including the WannaCry ransomware attack and various cryptocurrency hacks.
  • The group's activities raise concerns about generating funds for the North Korean regime and evading international sanctions.
  • Most hacks occur through phishing and social engineering, where hackers trick victims into giving up personal information.
  • Common tactics include impersonating trusted figures, sending deceptive emails, and offering enticing baits.
  • To protect funds, three simple steps are recommended.

The article highlights the vulnerability of cryptocurrency users to online hacks and emphasizes the need for caution. It provides practical steps to enhance security, suggesting a slightly negative sentiment due to the prevalence of hacking incidents.

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You May Ask

Who is the Lazarus Group?What are some examples of high-profile cryptocurrency hacks attributed to the Lazarus Group?How do most hacks occur in the cryptocurrency space?What are some common tactics used by hackers in phishing and social engineering attacks?What are the three simple steps recommended to protect cryptocurrency funds?

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