FBI Identifies North Korean Lazarus Group as Culprit Behind $41 Million Stake Casino Hack
The US Federal Bureau of Investigation (FBI) has identified the North Korean government-sponsored cyber group dubbed Lazarus Group as the perpetrator behind the $41 million hack of the Stake Casino in Curaçao.
In October 2020, the Stake Casino saw hackers accessing its systems and transferring the funds to multiple bank accounts in different countries. After a complex investigation, the FBI determined that the attack was conducted by the North Korean Lazarus Group.
The Lazarus Group is a major threat actor that specializes in cyber attacks. The group is linked to the government of North Korea and is believed to be funded directly by the country’s ruling communist party.
The group has been active since 2007 and is mainly known for large-scale cyber heists, state-sponsored espionage, and malware campaigns against its targets. The group has been linked to numerous high-profile attacks such as the 2014 Sony Pictures hack, the 2016 Bangladesh Bank Heist, and the WannaCry Ransomware Attack.
The FBI has released a statement, urging all banks and online casinos to step up their security measures and remain alert for any suspicious activities. It also emphasized the importance of immediately alerting the authorities in case of suspicious activities in order to ensure prompt investigation and help prevent similar attacks in the future.