North Koreans Hackers Stealing Crypto with Fake Zoom Calls

• Crypto security firm Security Alliance claims to have detected frequent crypto theft with hacker’s fake Zoom calls.
• Fake Zoom meeting links deploy malware to your device, steal passwords, and private keys.
• For those who have already fallen prey, it is advised to move crypto to a safer place.

New Scam Trick in Town

North Korean hackers have been using a new trick to lure investors, project founders, and other community members into revealing their passwords without their knowledge. Hackers ask you for a Zoom call on the pretext of funding a project, giving you a job, or maybe even advising your crypto. Once you click the link, the hacker deploys malware on your computer, which then sends all your passwords and wallet information to the hacker.

This is one of the latest methods used by North Korean hackers to steal crypto. Previously, we have seen scenarios in which North Koreans were hired as lead technicians for crypto projects, only to siphon project funds as soon as they gained access to the company’s wallet.

Phishing has been one of the most effective tools for North Korean actors to steal crypto from unsuspecting crypto investors, funds, and companies. A few months ago, North Korean hackers orchestrated the largest crypto hack, stealing $1.5 billion worth of Ethereum from the ByBit exchange. The hack was executed through a complex mechanism, with the exchange’s wallet holder being led to believe they were entering the password into the correct wallet. In contrast, the password was entered on a separate screen set up by the hackers.

As crypto becomes more secure, hackers are increasingly relying on fooling the human mind, a critical vulnerability in these complex hacks.

I am Compromised. What can I do?

If such an incident has already occurred, the best course of action is to clean the device with a malware remover. Post that you can undertake the following precautionary steps.

1. Change the device password and the passwords for essential data and financial websites you log in to on that device.
2. Change the passwords of crypto wallets, or if possible, move funds to a new wallet.
3. If possible, perform a full memory wipe on the device.
4. When resetting the device for use, choose a trusted anti-virus software.

Disclaimer: BFM Times acts as a source of information for knowledge purposes and does not claim to be a financial advisor. Kindly consult your financial advisor before investing.