North Korean cryptocurrency thieves tricked a Binance software engineer into downloading malware onto their work-issued computer during a fake job interview process before last week’s record-breaking $6.3 billion heist.

In an incident report published on Tuesday, the cryptocurrency exchange said several techniques - including social engineering via fake job interviews, malware downloads, compromised internal AI tooling, endpoint takeover, and an “advanced transaction-authorization method” - led to the October 29 security breach.

“Our current investigation indicates that this was a sophisticated, multi-stage campaign,” the incident report said. “It was not a single isolated breach or a simple phishing incident.”

Over the weekend, the FBI attributed the theft to TraderTraitor, a North Korean hacking operation linked to Lazarus Group, known for combining espionage with massive cryptocurrency heists. The Pyongyang-backed crew is also highly adept at job market scams - both posing as IT workers, who are then hired by Western companies, and as potential employers to lure software engineers into downloading malware and infecting corporate devices.

  • bamboo@lemmy.blahaj.zone
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    1 day ago

    Bitcoin has Layer-2 (aka Lightning) transactions which happen off chain. The off chain transactions aren’t recorded individually, just the gross amounts to set up funds to go off the chain and then to record the funds coming back onto the chain. Its possible to infer transaction information from timing of amounts going off chain to reconstruct the history, but I;m not sure how practical that is in a real world situation. Other crypto like Monero was designed with more privacy in mind, and is more immune to these types of forensics.