Recent reports indicate that hackers linked to North Korea are using AI-generated deepfake video calls to deceive employees of cryptocurrency companies. These hackers impersonate trusted contacts to coerce crypto workers into installing malware, putting sensitive company data and financial assets at risk. Deepfake technology involves altering a person’s image or video with AI to mimic another’s face or voice, enabling hackers to conduct convincing fake video calls and communications. Security is a critical concern in the cryptocurrency sector, as digital assets are particularly attractive to cybercriminals. North Korea has faced global allegations of cybercrime, including cryptocurrency theft and disruption of financial systems. Such attacks can destabilize the crypto market and erode investor confidence. Experts emphasize the need for companies to strengthen security measures and educate employees about advanced phishing techniques to prevent these attacks. If these threats persist, the cryptocurrency market may face increased financial losses. As the popularity of cryptocurrencies grows, so do cybersecurity challenges, requiring the industry to remain vigilant and continually update protective strategies.
Source: decrypt
