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Undetected North Korean Malware: A Looming Threat to Financial Institutions

2023-02-16, Bridewell
https://storage.pardot.com/838563/1676629189Mljyft19/CTI_Advisory_Undetected_North_Korean_Malware_A_Looming_Threat_to_Finan.pdf
CTI_Advisory_Undetected_North_Korean_Malware_A_Looming_Threat_to_Finan.pdf, 925.7 KB
#TA444

Contents

2

Threat Advisory
Undetected North Korean Malware:
A Looming Threat to Financial
Institutions
Date: 16/02/2023
+44 (0)3303 110 940

Registered Address

[email protected]

40 Caversham Road, Reading, RG1 7EB

s

Company Registration No: 11101195.

bridewell.com

TLP: WHITE


2

Summary
Bridewell Intelligence has identified a looming threat to financial institutions related to
a cluster of malicious North Korean malware, which is currently unreported and
undetected by anti-virus solutions. This information was discovered by pivoting from
recent Proofpoint and Kaspersky reporting that revealed activities of TA444, a North
Korea state-sponsored threat actor that is financially motivated and actively targeting
cryptocurrencies and financial institutes. It is estimated that threats actors related to
North Korea stole over $1 billion USD of cryptocurrency assets during 2022 alone.
TA444 has been actively targeting banks for several years, but in the latter stages of
2022, the group expanded its operations to include cryptocurrency. The group has
demonstrated a startup mentality, using rapid iteration and the testing of products on
the fly. Recently, Proofpoint researchers identified a deviation in TA444's operations,
indicating a shift in …

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