May 28, 2024 at 02:01PM
Microsoft has linked the North Korean hacking group Moonstone Sleet to FakePenny ransomware attacks, causing millions of dollars in ransom demands. Moonstone Sleet has adopted novel attack methods and infrastructure, targeting various industries and employing trojanized software, malicious games, and fake companies. This expansion into ransomware may indicate a shift in their cyber objectives.
From the meeting notes, it’s clear that Microsoft has identified a North Korean hacking group known as Moonstone Sleet, which is linked to the FakePenny ransomware attacks. This group has adopted novel attack methods, developed its custom infrastructure and tooling, and has been observed attacking financial and cyberespionage targets using various tactics such as trojanized software, malicious games, custom malware loaders, and fake software development companies.
Furthermore, Microsoft’s assessment indicates that Moonstone Sleet’s primary motivation for deploying the ransomware was financial gain, in contrast to their previous involvement in cyber espionage attacks. The group’s attacks have targeted multiple industry verticals, including software and information technology, education, and defense industrial base sectors.
It’s worth noting that Moonstone Sleet is not the first North Korean hacking group linked to ransomware attacks. The group’s diverse set of tactics has evolved over many years to meet North Korean cyber objectives, and its addition of ransomware to its playbook suggests an expansion of its capabilities to enable disruptive operations.
Overall, the meeting notes provide a comprehensive understanding of Moonstone Sleet’s activities, tactics, and motivations in the cyber realm.