North Korean cyberattacks on Brazilian fintech firms exposed

Google Cloud’s report exposes North Korean cybercriminals targeting Brazil’s cryptocurrency and fintech sectors with sophisticated malware and phishing schemes.

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Google Cloud’s threat intelligence department has discovered that North Korean government-backed cyber attackers are actively targeting Brazil’s cryptocurrency exchanges and fintech companies.

The June 13 Google threat intelligence report highlighted coordinated attempts to hijack, extort and defraud Brazilian individuals and organizations.

While North Korean groups focus primarily on cryptocurrency firms, aerospace and defense and government entities, cyber criminals backed by the Chinese government prefer attacking only the government organizations and the energy sector in Brazil.

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