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North Korean hackers steal $400 million in crypto using fake video calls, FBI says

The FBI says North Korean hackers stole more than $400 million in cryptocurrency over 18 months using fake video meetings, malware and stolen accounts.

North Korean hackers steal $400 million in crypto using fake video calls, FBI says

North Korean hackers have stolen over $400 million in cryptocurrency using fake video calls over the past 18 months, according to the Federal Bureau of Investigation (FBI). The cybercriminals impersonate trusted contacts during video meetings, secretly record victims' webcam footage, and then introduce fake technical issues to trick targets into clicking malicious links.

The scheme, known as "FaceStealer," targets individuals in the cryptocurrency and Web3 industries, as well as those involved in open-source software development. The FBI seized over 900 webcam videos of victims and cloud-based infrastructure linked to hacking groups. Authorities also warn of the use of deepfake videos featuring influential figures in the cryptocurrency sector to make the deception more convincing.

Written by urgent.news from Hindustan Times - World News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at hindustantimes.com →

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