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Manta network co founder falls victim to lazarus phishing attack

Manta Network Co-Founder Targeted | Bold Lazarus Group Hits Again

By

Fatima Ahmed

Apr 18, 2025, 05:35 PM

Updated

Apr 19, 2025, 11:39 AM

Just a minute read

A person on a Zoom call looking concerned, with a warning sign on the screen, symbolizing cyber threats.
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A co-founder from Manta Network recently fell prey to a phishing attack over Zoom, allegedly executed by the notorious Lazarus Group. The incident underscores growing concerns about cybersecurity amid significant losses experienced in the tech industry due to similar threats.

The Phishing Incident

Reports indicate that this attack specifically targeted high-ranking executives within the crypto realm. It's shocking that even top leaders are vulnerable to such tactics. As one commentator stated, "Hackers are smarty pants. ETH is worth it."

Incited Community Reactions

Comments on forums displayed a mix of frustration and disbelief regarding the incident. Highlighted sentiments include:

  • Frustration: "How freaking dumb for co-founders to be scammed by a Zoom call. They deserve to be scammed sadly."

  • Danger Acknowledgment: "This Lazarus group is bold and very dangerous!"

  • Skepticism: "Even after billions lost, they still never gave up hacking lmao!"

Interestingly, users reflect a shared annoyance about the ability of seasoned leaders to be misled in such a manner. One comment encapsulated the mood: "These constant attacks only prove how vulnerable we all are".

Key Insights

  • ❗️ Security Protocols Needed: Experts argue for implementing stricter measures to thwart similar phishing attempts.

  • ⚠️ Community Frustration: A noticeable sentiment is that leaders must emphasize awareness training for better protection.

  • πŸ’¬ "It's a wake-up call for everyone involved," says a participant on a user board.

As the importance of cybersecurity escalates within the crypto sector, the question remains: Will organizations amp up their defenses, or will they continue to fall victim to these hacks?

Next Steps

With investigations ongoing, the crypto community is keenly monitoring for updates in security practices. For those seeking to bolster their defense against such phishing schemes, resources can be found at Cybersecurity & Infrastructure Security Agency.

Stay tuned as developments unfold in this significant cybersecurity breach.