North Korean hackers have set their sights on Brazilian cryptocurrency firms, according to a report released by Google Cloud on June 13, 2024. The report revealed a series of cyberattacks targeting exchanges, fintech companies, and individuals in Brazil, with the notorious North Korean hacking group Pukchong (UNC4899) being identified as the perpetrator.
Using a deceptive tactic, cybercriminals are distributing malware disguised as a crypto price tracker to trick victims into downloading malicious software. This malware gives hackers control over the victim’s system, allowing them to retrieve harmful payloads. The report also highlighted that North Korean groups have been targeting various sectors in Brazil, including cryptocurrency firms, aerospace, defense, and government entities.
In addition to Pukchong, other North Korean hacking groups like GoPix and URSA are actively targeting Brazilian cryptocurrency firms using similar malware attacks. This discovery comes at a time of growing concerns about the security of cryptocurrency wallets and exchanges, which are constantly under attack by hackers.
Trust Wallet recently warned iOS users about a zero-day exploit that could potentially grant hackers unauthorized access to user data. Meanwhile, cybersecurity firm Kaspersky discovered that the North Korean hacking group Kimsuky deployed malware targeting South Korean crypto firms, further emphasizing the increasing threat of cyber attacks in Brazil.
Google’s threat analysis highlighted Brazil’s vulnerability to cyber threats from both local and foreign threat actors. As Brazil’s digital payment market continues to grow, its thriving economy has made it an attractive target for cybercriminals. Ransomware groups, in particular, have shifted their focus to Latin America, with Brazil becoming the second most-targeted country for ransomware attacks.
As the digital landscape in Brazil faces increasing threats, it is crucial for individuals and organizations to remain vigilant and take necessary precautions to protect against cyber attacks. Follow us on Google News for the latest updates on cybersecurity threats and trends.