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Protect your money from the coming โ€˜bitcoin apocalypseโ€™

PUBLIC DEFENDER By Brian Livingston A new study says quantum computers now in development will enable hackers to steal bitcoins and other cryptocurrencies without knowing the passwords or even the names of the rightful owners. No quantum computers exist yet. But when they do, one estimate is that 32 percent of all bitcoins and a [โ€ฆ]

Trezor Says 347,000 Users Received Phishing Emails After Brevo Hack

Hackers compromised the Brevo marketing platform and used that access to send phishing emails to users of Trezor, BitBox, and CoinTracking.

The post Trezor Says 347,000 Users Received Phishing Emails After Brevo Hack appeared first on SecurityWeek.

North Koreaโ€™s IT worker scheme funds Russiaโ€™s war effort

The people orchestrating North Koreaโ€™s IT worker scheme are funneling money through a web of front companies and intermediaries, including sanctioned entities, that partly fund Russiaโ€™s war effort against Ukraine, DTEX said in a report Tuesday.

The security firmโ€™s research shows that the scheme is moving beyondย funding the countryโ€™s weapons program and into a bigger pool that supports many of the regimeโ€™s objectives. This includes manufacturing weapons and supplying them to Russiaโ€™s military, according to DTEX.

โ€œWhen we think IT workers, we typically think head down, get your money, support the weapons program,โ€ย Michael Barnhart, nation state investigator at DTEX and lead author of the report, told CyberScoop.

โ€œItโ€™s a broad cover-all statement when we say itโ€™s supplying the weapons program,โ€ he said. โ€œThatโ€™s the predominant place it goes,โ€ but many other domestic programs and entities tasked with other projects are taking cuts from that pool of money as well.ย 

Barnhart corroborated previously leaked data from an internal North Korean payment server, which included 390 IT worker accounts, chat logs and transaction data.

He mapped the transactions to organizations that received those funds, including multiple sanctioned entities: Sobaeksu, Saenal, and Songkwang.ย 

The money trail also showed $1.97 million in payments from North Korean IT workers between December 2025 and February 2026 flowing directly through Korea Ryonbong General Corp, a sanctioned defense entity that procures weapons for the regimeโ€™s military programs.

Western officials previously reported that North Korea provided ammunition and weapons to Russia in 2023, and in the fall of 2024 sent upwards of 15,000 soldiers to fight alongside Russian troops, according to the Council on Foreign Relations.

โ€œThis is a consequence that is often overlooked,โ€ Barnhart wrote in the report. โ€œRevenue from the IT worker stream does not stop at a resume scam or a payroll-abuse story. It can feed a larger DPRK system that supports sanctioned entities, domestic state needs, and a Russia war effort that is actively consuming all facets of North Korean weapons and military support.โ€ย 

Data from the internal North Korean payment server, which was first published by ZachXBT in April, is controlled by โ€œPC-1234,โ€ a single administrator that DTEX has been tracking for a while. The wallet and its cluster of activity remains active, Barnhart said.ย 

The three months of previous activity attributed to the wallet amounted to more than $2.84 million, which then flowed upward into dozens of organizations.ย 

โ€œItโ€™s not a top-down funded regime. Itโ€™s a bottom-up,โ€ Barnhart said. โ€œEveryone makes money at the bottom and then they take a tiny cut, and then the money goes upwards to what we just blanketly say is the weapons program. But really, it can go a lot more places.โ€

The post North Koreaโ€™s IT worker scheme funds Russiaโ€™s war effort appeared first on CyberScoop.

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