N. Korean Hackers Breached Us IT Company JumpCloud In Bid To Steal Crypto; Crowdstrike Is Working With JumpCloud To Investigate The Breach
Portfolio Pulse from Charles Gross
North Korean hackers have reportedly breached US IT company JumpCloud in an attempt to steal cryptocurrency. Cybersecurity firm CrowdStrike is working with JumpCloud to investigate the breach, according to Reuters.
July 20, 2023 | 10:11 am
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NEGATIVE IMPACT
The breach at JumpCloud was an attempt to steal cryptocurrency, which could potentially impact the price of Bitcoin.
The attempted theft of cryptocurrency by hackers could potentially create negative sentiment around Bitcoin, leading to a decrease in its price in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The breach at JumpCloud was an attempt to steal cryptocurrency, which could potentially impact the price of Ethereum.
The attempted theft of cryptocurrency by hackers could potentially create negative sentiment around Ethereum, leading to a decrease in its price in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
CrowdStrike is working with JumpCloud to investigate the breach. This could potentially increase the visibility and reputation of CrowdStrike in the cybersecurity market.
CrowdStrike's involvement in investigating a high-profile cybersecurity breach could potentially enhance its reputation and visibility in the market, which could positively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70