North Korean Hackers ‘Aggressively Targeting’ Crypto Industry, FBI Warns

The FBI issued a hacking alert warning that North Korea is targeting the cryptocurrency industry through elaborate social engineering schemes. The hackers aim to gain access to decentralized finance (DeFi), cryptocurrency, and similar businesses to steal company cryptocurrency. These highly tailored campaigns are difficult to detect and target employees to deploy malware. The FBI outlined multiple tactics used by North Korean hackers, such as impersonating recruiters on professional networking websites to build trust and legitimacy with potential victims. Despite cybersecurity experts’ knowledge, North Korea remains a persistent threat due to their determination to compromise networks connected to cryptocurrency assets. Past attacks by North Korean hackers have resulted in significant losses for crypto firms, highlighting the ongoing threat posed by these malicious actors. The White House has called for legislation on cryptocurrency to address the hacking activities originating from North Korea, which have been used to fund the country’s aggressive missile program. The United Nations is also investigating cyberattacks by North Korea on cryptocurrency-related companies, highlighting the link between these activities and the funding of weapons development. Can you please rephrase this?

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