North Korean hackers breach JumpCloud to target crypto firms

July 24, 2023

Cloud IT provider JumpCloud confirmed that North Korean state-backed hackers broke into its systems last month. The hackers targeted JumpCloud in an attempt to reach its cryptocurrency customers.

Security researchers and a Reuters report warned ahead of JumpCloud’s confirmation that North Korea was behind the attack. Tom Hegel, a researcher at SentinelOne, and CrowdStrike, which has been working with JumpCloud, both concluded that a North Korean hacking group was likely behind the intrusion.

Reuters also reported that the North Korean hackers likely targeted JumpCloud as a way of reaching its cryptocurrency customers. This marks a departure from North Korea’s direct attacks on crypto firms toward stealthier, more-advanced supply chain attacks.

Earlier this year, North Korean hackers also targeted video conferencing tool 3CX in a double supply chain attack to get to a handful of cryptocurrency firms.

The sources for this piece include an article in Axios.

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Jim Love

Jim is an author and podcast host with over 40 years in technology.

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