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Hackers from North Korea have reportedly discovered a new victim in DeBridge Finance, a cross-chain interoperability and liquidity transfer protocol, multiple sources revealed Saturday.

According to DeBridge’s initial assessment, the cyberattack may have originated from the notorious North Korean hacking group Lazarus Group.

Several DeBridge team members received a fake email containing a PDF file called “New Salary Adjustments” purportedly sent by DeBridge co-founder Alex Smirnov.

According to Smirnov, a large number of DeBridge employees received emails from hackers. After viewing and downloading PDF files, these PCs were infected with data-harvesting malware.

“A quick investigation revealed that the received script captured several computer-related details and sent them to the attacker’s command and control center,” Smirnov added.

Lazarus hackers behind high-profile attacks in recent years

Email spoofing is a type of attack in which malicious emails appear to come from a trusted source, in this case, a company co-founder.

Smirnov, asserting that Lazarus Group hackers have used the PDF name “New Salary Adjustment” in past hacks, warned all Web3 teams to be wary of similar intrusions.

Lazarus was responsible for some of the most prominent security breaches in recent years, including the 2014 Sony hack.

The group tracks crypto-based businesses around the world. It recently targeted Axie Infinity’s Ronin Bridge and raked in over $622 million, making it the largest hack in crypto history.

Image: Bleeping Computer

Arthur Cheong, founder of DeFiance Capital, said Lazarus is just one of many North Korea-backed cyber groups that are actively targeting the global crypto industry.

David Schwed, CEO of blockchain security firm Halborn, said:

“These types of attacks are very common…they rely on people’s inquisitive dispositions, by flagging documents as things that pique their curiosity, such as salary information.”

Cybersecurity firm Kaspersky reiterated Cheong’s warning that a new group called BlueNoroff is currently targeting cryptocurrency companies.

Buffett: Cyberattacks are bigger threat than nuclear weapons

Recently, the U.S. Department of Justice recovered $500,000 from North Korean hackers who forced two U.S. medical institutions to pay bitcoin ransoms.

Billionaire businessman and philanthropist Warren Buffet sees cybercrime as one of humanity’s biggest problems, and cyberattacks are a bigger threat to humanity than nuclear or biological weapons.

The contemporary definition of the term “hacker” was coined at MIT in April 1955. In 1963, The Tech published the first recorded mention of computer (telephone) hacking.

Over the past few decades, the evolution of the world’s threat landscape—from phone systems to massive dataspheres—has overshadowed humanity’s ability to protect it.

Crypto total market cap at $1.07 trillion on the daily chart | Source:

Featured image from BitDegree, chart from

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