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Overview

The North Korean hacking group Lazarus Group is launching a cyberattack dubbed "Operation 99" targeting Web3 and cryptocurrency software developers. The attackers are posing as recruiters, posting fake job openings on platforms like LinkedIn, to lure developers into participating in seemingly legitimate project testing and code reviews. Once developers take the bait, they are directed to clone a GitLab repository containing malicious code. This repository appears harmless, but it actually embeds malware into the victim's environment, giving the attackers control over their computers. This malware can steal high-value data such as passwords, API keys, cryptocurrency wallet information, and maintain connections through heavily obfuscated command and control (C2) servers to maximize their stealth.

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Analysis

The Lazarus Group, a North Korean hacking group, has launched a cyberattack dubbed "Operation 99" targeting Web3 and cryptocurrency software developers. The attackers are posing as recruiters, posting fake job listings on platforms like LinkedIn, enticing developers to participate in what appears to be project testing and code reviews. Once developers take the bait, they are directed to clone a GitLab repository containing malicious code, disguised as harmless. This malware embeds itself into the victim's environment, granting attackers control of their computers. These cross-platform-compatible malware can steal high-value data such as passwords, API keys, and cryptocurrency wallet information. They maintain a connection through highly obfuscated command and control (C2) servers, maximizing stealth. Slowmist CISO 23pds shared this news on X, reminding developers to exercise caution and avoid falling victim to this attack.

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