North Korean Hackers Steal $1.5B in Cryptocurrency

It looks like a very sophisticated attack against the Dubai-based exchange Bybit:

Bybit officials disclosed the theft of more than 400,000 ethereum and staked ethereum coins just hours after it occurred. The notification said the digital loot had been stored in a “Multisig Cold Wallet” when, somehow, it was transferred to one of the exchange’s hot wallets. From there, the cryptocurrency was transferred out of Bybit altogether and into wallets controlled by the unknown attackers.

[…]

…a subsequent investigation by Safe found no signs of unauthorized access to its infrastructure, no compromises of other Safe wallets, and no obvious vulnerabilities in the Safe codebase. As investigators continued to dig in, they finally settled on the true cause. Bybit ultimately said that the fraudulent transaction was “manipulated by a sophisticated attack that altered the smart contract logic and masked the signing interface, enabling the attacker to gain control of the ETH Cold Wallet.”…

February 25, 2025
Read More >>

EU sanctioned the leader of North Korea-linked APT groups

The European Union sanctioned the leader of North Korea-linked APT groups for aiding Russia in its war against Ukraine. The European Union announced sanctions against entities aiding Russia in the ongoing conflict with Ukraine, including Lee Chang Ho, who is the leader of North Korea-linked APT groups. Lee Chang Ho coordinated North Korean soldiers in […]

February 25, 2025
Read More >>

ICBM EAR Week of February 10, 2025

Key Takeaways from: ICBM EAR Week of February 10, 2025 Overview The report, prepared by Peter Huessy, comprehensively assesses nuclear deterrence, strategic security issues, and emerging threats. It includes key quotes from U.S. leaders, updates on nuclear modernization, policy discussions, and geopolitical analysis. Key Themes & Highlights Strategic Nuclear Posture & Modernization: U.S. nuclear deterrence […]

ICBM EAR Week of February 10, 2025 was originally published on Global Security Review.

February 19, 2025
Read More >>