North Korean hackers used fake video calls in $400M crypto hack, says FBI
The FBI reports that North Korean hackers are using sophisticated 'FaceStealer' tactics, including fake video calls and deepfake-style audio, to steal millions in cryptocurrency. These attacks specifically target developers and employees in the Web3 and crypto sectors.
Why it matters
The evolution of social engineering in cybercrime poses a major threat to the security of the global cryptocurrency ecosystem.
Share Save Add as preferred on Google Kelly Ng FBI FBI redacted examples of the 900 victim videos secretly recorded by North Korean hackers State-sponsored hackers from North Korea have taken more than $400 million in cryptocurrency by using fake video calls to steal people's identities, US authorities say.
More than 900 victims have fallen prey to the scheme, which the FBI refers to as FaceStealer, in the last 18 months, according to the bureau.
"The North Korean regime relies on proceeds from large-scale cryptocurrency theft to fund its illicit weapons program, stealing billions of dollars in recent years," says FBI cyber director Brett Leatherman.
This comes a week after the world's largest crypto exchange Binance revealed that hackers had used fake job interviews to steal a record $6.3bn (£4.7bn) from the company.
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5 other newsrooms covered this event. We read each version separately.
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