New Lazarus Spearphishing Attack on Crypto Organizations Uses a LinkedIn Job Posting as its Front

Stu Sjouwerman | Aug 27, 2020

spear phishing attackWhat better way to gain complete control over a crypto organization’s network that to target their sysadmin with a Job Posting and then spear phish them?

It’s a brilliant and elegant attack. The Lazarus group, formerly responsible for WannaCry, is jumping on the cryptocurrency-as-the-target bandwagon. We’ve seen prominent twitter accounts being hacked with crypto as the endgame, as well as recent vishing attacks on financial organizations to eventually gain access to high net worth customers’ cryptocurrency accounts.

According to security researchers at F-Secure, in this latest attack from Lazarus, a legitimate LinkedIn ad is posted looking for a sysadmin for a blockchain technology company. The ad targets current sysadmins at cryptocurrency organizations. Once a candidate sysadmin engages via the ad, they are sent a Word document as part of the process, complete with the claim that the document is protected under GDPR and requires macros to be enabled.

Once enabled, a series of malicious actions occur including the conducting of system checks and downloading system-specific malware payloads. Credential harvesting, deletion of security log entries, and lateral movement are all part of the attack.

Despite the sophistication of the attack, there is one common, non-technical element that determines whether this campaign works or not – the human.

The success or failure of this attack rests solely with the sysadmin; if they don’t fall for the macro enabling and realize this is probably a scam, the whole thing falls apart.

This is why I recommend that everyone – from the mailroom to the CEO’s office – take Security Awareness Training to educate employees on common tactics that are not just used, but often required as part of a phishing attack (such as the enabling of macros) so that the employee’s own internal set of red flags are raised and attacks like this one from Lazarus is stopped in its’ tracks.

Discover Your Organization’s Phish-prone™ Percentage

Ninety-one percent of data breaches begin with spear phishing. Launch our Free Phishing Security Test for up to 100 users to uncover your team's vulnerability and see how your security posture stacks up against industry benchmarks.

Get Your Free Phishing Security Test

Secure the Digital Workforce: Human + AI

KnowBe4 empowers the modern workforce to make smarter security decisions every day. Trusted by more than 70,000 organizations worldwide, KnowBe4 is the pioneer of digital workforce security, securing both AI agents and humans. The KnowBe4 Platform provides attack simulation and training, collaboration security, and agent security powered by AIDA (Artificial Intelligence Defense Agents) and a proprietary Risk Score. The platform leverages 15 years of behavioral data to combat advanced threats including social engineering, prompt injection, and shadow AI. By securing humans and agents, KnowBe4 leads the industry in workforce trust and defense.