North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges. Also known as HIDDEN COBRA, which works at the behest of the North Korean government, the Lazarus Group has been responsible for some of the world's largest cyber attacks including the Sony hack in 2014, the Wannacry ransomware outbreak, military espionage and a number of attacks on South Korean businesses.In a report acquired by news outlet HardFork, cybersecurity outfit Group-IB outlines trends in hi-tech cybercrime, detailing 14 different attacks on cryptocurrency exchanges since January 2017. It suggests that Lazarus has been responsible for the disappearance of over $571 million in cryptocurrency.What is most interesting about the data from Group-IB is that a large majority of the targeted exchanges are domiciled in South Korea, such as Bithumb, YouBit and Coinrail.This data appears to confirm accusations made by a member of South Korea’s parliamentary intelligence committee that the North Korean government has stolen cryptocurrency worth billions of won last year from South Korean exchanges.Hackers who target cryptocurrency exchanges favor traditional methods and tools such as spear phishing, social engineering and malware. According to the cybersecurity group, hackers were able to steal 10 percent of the tot... For Further Information Click on Below Button