Business Standard

Apart from market malaise, crypto also facing a number of security risks

North Korea's hackers have been become increasingly sophisticated over the past decade, managing to steal an estimated $2 billion worth of cryptocurrency to date

Crypto investors
Premium

There have been dozens of breaches in the past few years showing that cybercriminals are gravitating toward the world of cryptocurrencies.

Parmy Olson | Bloomberg
The world of crypto isn’t just suffering from a market malaise that has seen the price of Bitcoin drop from $69,000 to around $20,000 today — it also faces a troubling number of security risks.
 
There have been dozens of breaches in the past few years showing that cybercriminals are gravitating toward the world of cryptocurrencies. In many cases, we don’t know who the attackers are, but one culprit that keeps coming up is the band of state-backed hackers from North Korea known as the Lazarus Group.

According to a new book by Geoff White, “The Lazarus Heist,” the regime’s hackers

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 25 2022 | 12:22 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com