Warnings are echoing from Paradigm’s Samczsun and ZachXBT: North Korea’s cyber threats are bigger than just Lazarus Group. Their alerts follow last month’s Bybit hack, spotlighting a wider landscape of digital dangers emanating from the DPRK, beyond the infamous Lazarus collective typically in focus.
Paradigm’s samczsun, in a recent analysis, underscored the multifaceted nature of North Korean cyber activity, cautioning against solely concentrating on the Lazarus Group. This warning arrives in the wake of a significant hack on Bybit and aligns with parallel concerns voiced by ZachXBT, both pointing to an escalating and diversifying threat.
Samczsun’s insights, published by Paradigm, emerge roughly a month after the Lazarus Group executed what’s now deemed “the biggest digital heist in history.” This timeline emphasizes an ongoing and evolving risk profile associated with North Korean actors in the cryptocurrency space, as highlighted in the Empire newsletter by Blockworks.