Japan Police Warns Crypto Firms: Lazarus Group Targeting Crypto Assets

Japan's National Police Agency (NPA) and Financial Services Agency (FSA) have issued a critical public advisory, urging crypto-asset firms in the nation to heighten their security measures against the Lazarus Group, a North Korea-backed hacking syndicate. According to the NPA in Japan, North Korean hackers from the Lazarus Group have been actively targeting crypto companies in the country.

The warning, disseminated in a public advisory statement sent out on Oct. 14, emphasizes the increased risk of phishing and social engineering attacks orchestrated by Lazarus. Local police, Japan's NPA, and the FSA are working collaboratively to combat these threats.

Lazarus, known for its sophisticated cybercrime tactics, has been sending phishing emails to Japanese crypto exchange employees. These emails are designed to infect their computers with malware, potentially granting the hackers access to sensitive information and crypto holdings. Japan’s National Police Agency [NPA] and Financial Services Agency [FSA] urged crypto platforms to stay wary of phishing scams.

In a recent announcement, Japan’s NPA and FSA underscored the importance of vigilance among crypto businesses. The advisory details how the North Korean hacking group Lazarus is plotting phishing and social engineering attacks against crypto businesses. The key takeaway is that crypto firms need to strengthen their defenses to protect themselves from these ongoing threats.

Japan's National Police Agency (NPA) and Financial Services Agency (FSA) issued a public advisory statement on October 14, advising crypto-asset firms in the nation to remain vigilant and implement robust security protocols to mitigate the risk posed by Lazarus, the North Korea-backed hacker group.