AI increases cyber risks for crypto firms

• Researchers said North Korean hacking group Kimsuky is using AI in cyber operations.
• The activity has increased security concerns for cryptocurrency companies.
• Crypto firms are strengthening defences against AI-assisted cyber threats.

Researchers said North Korean hacking group Kimsuky is using AI tools in cyber operations targeting cryptocurrency companies.

The reported activity has increased security concerns across the digital asset industry.

Researchers said AI tools may help attackers improve phishing, social engineering, and malware campaigns.

Crypto firms are increasing security measures to defend against more advanced cyber threats.

North Korean-linked hacking groups have previously been linked to cryptocurrency theft and cyber espionage.

The crypto industry remains a major target for cyber attacks because of the value of digital assets.

Security researchers said AI-assisted attacks could become a growing challenge for cryptocurrency companies.