North Korean hackers breach JumpCloud to target crypto firms

Share post:

Cloud IT provider JumpCloud confirmed that North Korean state-backed hackers broke into its systems last month. The hackers targeted JumpCloud in an attempt to reach its cryptocurrency customers.

Security researchers and a Reuters report warned ahead of JumpCloud’s confirmation that North Korea was behind the attack. Tom Hegel, a researcher at SentinelOne, and CrowdStrike, which has been working with JumpCloud, both concluded that a North Korean hacking group was likely behind the intrusion.

Reuters also reported that the North Korean hackers likely targeted JumpCloud as a way of reaching its cryptocurrency customers. This marks a departure from North Korea’s direct attacks on crypto firms toward stealthier, more-advanced supply chain attacks.

Earlier this year, North Korean hackers also targeted video conferencing tool 3CX in a double supply chain attack to get to a handful of cryptocurrency firms.

The sources for this piece include an article in Axios.

SUBSCRIBE NOW

Related articles

Cyber Security Today, May 29, 2024 – A new North Korean ransomware gang spotted, and more

A new North Korean ransomware gang spotted, and more Welcome to Cyber Security Today. It's Wednesday, May 29th, 2024....

Microsoft tries to regain trust of government cybersecurity leadership

Microsoft has embarked on an aggressive campaign to restore and enhance its cybersecurity image and regain trust within...

London Drugs refuses to pay ransom – corporate data is leaked

London Drugs, a prominent Canadian retailer, has confirmed a data breach involving sensitive corporate head office files, following...

Cyber Security Today, May 27, 2024 – Security controversy over a new Microsoft tool, a new open source threat intelligence service, and more

Security controversy over a new Microsoft tool, a new open-source threat intelligence service, and more. Welcome to Cyber Security...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways