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The Lazarus Group, a North Korean hacking group, has launched a cyberattack dubbed "Operation 99" targeting Web3 and cryptocurrency software developers. The attackers masquerade as recruiters, enticing developers on platforms like LinkedIn to participate in fake project testing and code reviews. This lures them into cloning GitLab repositories containing malicious code, thereby implanting modular malware onto victims' systems. These malware can steal high-value data such as passwords, API keys, cryptocurrency wallet information, and maintain connections through highly obfuscated command-and-control (C2) servers, maximizing their stealth.

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Analysis

The North Korean hacking group Lazarus Group has launched a cyberattack dubbed “Operation 99” targeting Web3 and cryptocurrency software developers. The attackers masquerade as recruiters, posting fake job listings on platforms like LinkedIn to lure developers into participating in disguised project testing and code reviews. Once victims take the bait, they are directed to clone a GitLab repository containing malicious code that appears harmless but actually embeds malware into the victims' environment, allowing the attackers to gain control of their computers. These malware are cross-platform compatible and are capable of stealing high-value data such as passwords, API keys, cryptocurrency wallet information, and maintain a connection through highly obfuscated command-and-control (C2) servers to maximize their stealth.

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