North Korea's Lazarus Hackers Blamed in deBridge Finance Cyberattack

Company co-founder Alex Smirnov warns all Web3 teams that the campaign is likely widespread.

AccessTimeIconAug 5, 2022 at 6:27 p.m. UTC
Updated Aug 5, 2022 at 9:10 p.m. UTC

Stephen Alpher is CoinDesk's co-regional news chief, Americas. He holds BTC and ETH above CoinDesk’s disclosure threshold of $1,000.

The victim of an email-based cyberattack, cross-chain protocol deBridge Finance says its investigation shows the action likely came from the North Korea-associated Lazarus Group.

The attack took the form of an email address spoofing that of deBridge co-founder Alex Smirnov. Though most employees reported the suspicious email, one downloaded and opened the associated file.

The company's probe of the hack shows a similar attack vector to those noticed in other cyberattacks by North Korea's Lazarus Group, said Smirnov in a lengthy Twitter thread.

"PSA for all teams in Web3," wrote Smirnov, "this campaign is likely widespread."


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Stephen Alpher is CoinDesk's co-regional news chief, Americas. He holds BTC and ETH above CoinDesk’s disclosure threshold of $1,000.

CoinDesk - Unknown

Stephen Alpher is CoinDesk's co-regional news chief, Americas. He holds BTC and ETH above CoinDesk’s disclosure threshold of $1,000.