North Korea hackers breached US IT company in bid to steal crypto

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The attack shows how North Korean hackers are now going after companies that open up multiple victims down the supply chain.

WASHINGTON, US – A North Korean government-backed hacking group penetrated an American IT management company and used it as a springboard to target cryptocurrency companies, the firm and cybersecurity experts said on Thursday.

Two people familiar with the matter confirmed that the JumpCloud clients targeted by the hackers were cryptocurrency companies. “North Korea in my opinion is really stepping up their game,” said Tom Hegel, who works for US firm SentinelOne S.N and Pyongyang’s mission to the United Nations in New York did not respond to a request for comment. North Korea has previously denied organizing digital currency heists, despite voluminous evidence – including UN reports – to the contrary.

 

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