- Bitrefill, a crypto e-commerce platform, was attacked on March 1 by Hackers with methods resembling the North Korean Lazarus Group.
- The attackers compromised an employee laptop, draining hot wallet funds and accessing 18,500 purchase records for limited customer data.
- The company stated it will absorb the financial losses, has restored operations to normal, and has significantly improved its Cybersecurity measures.
Bitrefill announced on Tuesday that it suffered a sophisticated cybersecurity attack on March 1, with tactics closely resembling those used by North Korea‘s notorious Lazarus Group. The hackers utilized Malware, on-chain tracing, and compromised infrastructure to breach the company’s systems, according to its report.
The intrusion allowed the attackers to drain funds from Bitrefill’s hot wallets and access 18,500 customer purchase records. Consequently, they gained limited customer information, but Bitrefill noted the primary motive appeared financial, with no evidence of a full database extraction.
“There is no evidence that they extracted our entire database, only that the attackers ran a limited number of queries consistent with probing to understand what there was to steal,” the company stated. Meanwhile, BlueNoroff Group, another North Korean Hacking organization tied to Lazarus, may have also been involved.
The company did not disclose the exact amount stolen but confirmed it will cover the losses from its operational capital. Operations, including payments and sales volumes, have since returned to normal following the incident.
Bitrefill immediately contacted law enforcement and collaborated with security firms like Security Alliance and FearsOff Security. As part of its response, the company temporarily took its systems offline to contain the breach.
It has since implemented tighter internal access controls and improved monitoring strategies. This incident underscores the persistent threat posed by sophisticated groups like Lazarus Group, which was behind Alibaba-ai-mines-Bitcoin-asia-express/” href=”https://cointelegraph-magazine.com/chinas-blockchain-booster-alibaba-ai-mines-bitcoin-asia-express/” target=”_blank” rel=”nofollow noopener”>the $1.4 billion hack of crypto exchange Bybit in February 2025.
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