“By compromising developer accounts, attackers not only exfiltrate intellectual property but also gain access to cryptocurrency wallets, enabling direct financial theft,” the company said. “The targeted theft of private and secret keys could lead to millions in stolen digital assets, furthering the Lazarus Group’s financial goals.”
The malware architecture adopts a modular design and is flexible, and capable of working across Windows, macOS, and Linux operating systems. It also serves to highlight the ever-evolving and adaptable nature of nation-state cyber threats.
“For North Korea, hacking is a revenue generating lifeline,” Sherstobitoff said. “The Lazarus Group has consistently funneled stolen cryptocurrency to fuel the regime’s ambitions, amassing staggering sums. With Web3 and cryptocurrency industries booming, Operation 99 zeroes in on these high-growth sectors.”
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