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Japan National Police Agency: North Korea's cyber attack organization WaterPlum launched a large-scale attack targeting IT technicians

According to a joint alert issued by the Japanese National Police Agency, FBI, ASD/ACSC, BND, and BfV, the North Korean-backed cyber attack organization "WaterPlum" (also known as Contagious Interview) targets job seekers by disguising itself as an AI, cryptocurrency, and NFT company to post fake job listings. This lures job seekers into downloading NPM packages containing malware such as BeaverTail, InvisibleFerret, and OtterCookie, which then steal cryptocurrency wallet information and confidential data.As of July 2026, the organization has infected over 30,000 devices in more than 100 countries and regions worldwide, stealing information from over 7,000 cryptocurrency wallets, with the wallets under its control receiving at least approximately 1.7 billion yen (about 10.71 million USD) in cryptocurrency. The Japanese National Police Agency has discovered and dismantled a "notebook farm" established by local "supporters" for the first time in the country, where North Korean IT laborers remotely control PCs within the supporters' residences to conduct business, with the related amount involved reaching several hundred million yen.The police and FBI assess that WaterPlum and some North Korean IT laborers are under the unified command of the 313 Bureau of the Ministry of Military Industry of the Workers' Party of Korea, with the profits directly flowing into North Korea's national funding pool. The police remind IT technicians and corporate issuers to remain vigilant and avoid executing third-party code in unverified environments.

Upbit's parent company Dunamu has undergone changes in its stock swap transaction with NAVER: it may face conflicts regarding regulatory shareholding limits

According to a report by the Korean News Agency, the stock exchange transaction between Upbit's parent company Dunamu and NAVER Pay, a subsidiary of South Korean internet giant NAVER, may have uncertainties. Data disclosed by the Legislative Investigation Office of the Korean National Assembly indicates that the related transaction may simultaneously face the minimum shareholding ratio for subsidiaries stipulated by the Fair Trade Act, as well as the maximum shareholding ratio limit for major shareholders of virtual asset exchanges.Currently, NAVER Pay does not seem to belong to a holding company, but if it becomes a holding company in the future and includes the exchange as a subsidiary, there may be a situation where two conflicting shareholding standards apply simultaneously, necessitating an adjustment of the governance structure. The Korean Fair Trade Act stipulates that a holding company's shareholding ratio in listed subsidiaries must not be less than 30%, and for non-listed subsidiaries, it must not be less than 50%; for venture capital holding companies, it is 20%. Additionally, the second phase of discussions on South Korean virtual asset legislation also involves setting a shareholding limit for major shareholders of exchanges to reduce the concentration of control and the risk of conflicts of interest among specific shareholders.
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