Novetta coined the name "Lazarus Group" as part of Operation Blockbuster, an industry coalition it led with partners including Kaspersky Lab and Cisco Talos that publicly disclosed its findings on 24 February 2016. Kaspersky's contribution to that release traced the actor's activity back to 2009, noted a spike from 2011 and steady growth from 2013, and folded malware and campaigns previously tracked separately, including Operation Troy, DarkSeoul, Hangman (2014-2015) and Wild Positron/Duuzer (2015), into a single cluster alongside the malware publicly attributed to the Sony Pictures Entertainment (SPE) breach. Novetta's own reverse engineering identified a spreader built specifically with SPE network and account details to deliver a destructive wiper. Across the analyzed malware set the group fielded a large toolkit of remote-administration trojans built on a shared code base, worm-style network spreaders, peer-to-peer staging tools, and web-server backdoors, alongside spearphishing that included a Hangul Word Processor zero-day, password-protected ZIP droppers, self-deleting batch scripts, and sandbox-evasion checks. Targets spanned financial, media and manufacturing organizations with a recurring focus on South Korea, and operations blended cyberespionage with destructive, data-wiping attacks.
KuCoin
#KuCoin • 2020-09
🇸🇬 Singapore
KuCoin suffered a September 2020 exchange breach in which attackers gained access to hot-wallet private keys and stole cryptocurrency, with reported losses ranging from at least $150 million to roughly $275-$280 million. Chainalysis attributed the hack to Lazarus Group based partly on laundering patterns, including movement through structured mixer payments, OTC brokers, exchange deposit addresses, and DeFi services such as Uniswap to swap stolen tokens without a custodial intermediary.
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Related Reports
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Affected Countries
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71
Months Since
Related Actors
First seen: 2016-02 •
Last seen: 2026-08
Related Reports
2024-03-07
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