SCAMS

North Korean hackers launch crypto theft via supply chain attack, targeting firms to fund nuclear programs, raising cybersecurity risks globally.

North Korean Hackers Linked to Crypto Theft via Supply Chain Attack

North Korean hackers have been linked to a major crypto theft attempt involving a sophisticated supply chain attack targeting U.S. companies and crypto-related firms.

According to reports, attackers compromised a widely used software integration tool, gaining unauthorized access to a developer account for several hours. During this time, malicious updates were distributed to organizations using the platform, including cryptocurrency companies and blockchain developers.

How the Supply Chain Attack Worked

The attackers exploited a trusted software system used to connect applications and web services. By infiltrating the developer account, they were able to push harmful updates downstream, potentially affecting multiple organizations at once.

Cybersecurity experts warn that this type of supply chain attack is highly dangerous because it targets trusted infrastructure, allowing hackers to scale their crypto theft operations efficiently.

Crypto Theft Campaign Linked to North Korean Hackers

Security analysts believe this incident is part of a long-running campaign by North Korean hackers focused on crypto theft. Stolen funds are reportedly used to support the country’s nuclear and missile programs.

The Google Threat Intelligence Group identified  the activity as being tied to a financially motivated threat actor connected to North Korea.

Experts warn that such attacks could lead to:

  • Increased cryptocurrency theft
  • Ransomware and extortion attacks
  • Compromised SaaS environments
  • Broader blockchain security risks

Rising Trend in Crypto Theft Attacks

This is not an isolated case. North Korean hackers have consistently targeted the crypto industry due to its high liquidity and relatively decentralized nature.

Data from Chainalysis shows that in 2025 alone, North Korean-linked hackers stole over $2 billion in cryptocurrency, marking a record-breaking year for crypto theft.

Global Concerns Over Cybersecurity and Crypto

Governments including the United States, Japan, and South Korea have raised alarms about the growing threat of cyber attacks tied to North Korea. These operations are believed to play a key role in funding national defense programs.

With supply chain attack methods becoming more advanced, cybersecurity experts stress the importance of stronger protections across the crypto ecosystem.

 

Source : https://www.benzinga.com/crypto/cryptocurrency/26/04/51591970/north-korean-hackers-linked-to-major-… 

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