Security News > 2022 > April > North Korean Hackers Distributing Trojanized DeFi Wallet Apps to Steal Victims' Crypto

The North Korean state-backed hacking crew, otherwise known as the Lazarus Group, has been attributed to yet another financially motivated campaign that leverages a trojanized decentralized finance wallet app to distribute a fully-featured backdoor onto compromised Windows systems.

The app, which is equipped with functionalities to save and manage a cryptocurrency wallet, is also designed to trigger the launch of the implant that can take control of the infected host.

The spawned malware, which masquerades as Google's Chrome web browser, subsequently launches a wallet app built for the DeFiChain, while also establishing connections to a remote attacker-controlled domain and awaiting further instructions from the server.

The C2 infrastructure used in this campaign exclusively consisted of previously compromised web servers located in South Korea, prompting the cybersecurity company to work with the country's computer emergency response team to dismantle the servers.

The findings come more than two months after Kaspersky disclosed details of a similar "SnatchCrypto" campaign mounted by the Lazarus sub-group tracked as BlueNoroff to drain digital funds from victims' MetaMask wallets.

"For the Lazarus threat actor, financial gain is one of the prime motivations, with a particular emphasis on the cryptocurrency business. As the price of cryptocurrency surges, and the popularity of non-fungible token and decentralized finance businesses continues to swell, the Lazarus group's targeting of the financial industry keeps evolving," Kaspersky GReAT researchers pointed out.

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