Crypto Security: Kraken Thwarts Attempt by North Korean Hacker to Infiltrate

Kraken, a cryptocurrency exchange, discovered an infiltration attempt by a North Korean hacker posing as a job candidate.

The hacker, using the alias Steven Smith, applied for an engineering position. During the hiring process, Kraken identified red flags, such as voice changes and the use of an email linked to North Korean hackers.

The investigation revealed that the candidate was part of a network of false identities, confirming that he was a state-sponsored hacker.

In a final interview, Kraken's Chief Security Officer, Nick Percoco, and his team confirmed the suspicions. The hacker was unable to verify his location or answer questions about his city and citizenship, revealing himself as an imposter.

Meanwhile, FinCEN proposed banning the Huione Group from Cambodia from the U.S. financial system for facilitating activities of North Korean hackers. Huione is accused of laundering over 4 billion dollars in illicit funds.

These incidents highlight a pattern of North Korean cyber attacks in the cryptocurrency sector, with hackers stealing millions of dollars and using tactics such as social engineering and malware.

Source: br.beincrypto

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