Horizon Bridge | Breaking Cybersecurity News | The Hacker News

The U.S. Federal Bureau of Investigation (FBI) on Monday confirmed that North Korean threat actors were responsible for the theft of $100 million in cryptocurrency assets from  Harmony Horizon Bridge  in June 2022. The law enforcement agency attributed the hack to the  Lazarus Group  and APT38 (aka BlueNoroff, Copernicium, and Stardust Chollima), the latter of which is a North Korean state-sponsored threat group that specializes in financial cyber operations. The FBI further stated the Harmony intrusion leveraged an attack campaign dubbed  TraderTraitor  that was disclosed by the U.S. Cybersecurity and Infrastructure Security Agency (CISA) in April 2022. The modus operandi entailed utilizing social engineering tricks to deceive employees of cryptocurrency companies into downloading rogue applications as part of a seemingly benign recruitment effort. "On Friday, January 13, 2023, North Korean cyber actors used RAILGUN, a privacy protocol, to launder over $60 million worth of

The notorious North Korea-backed hacking collective Lazarus Group is suspected to be behind the recent $100 million altcoin theft from Harmony Horizon Bridge, citing similarities to the  Ronin bridge attack  in March 2022. The finding comes as Harmony  confirmed  that its Horizon Bridge, a  platform  that allows users to move cryptocurrency across different blockchains, had been breached last week. The incident involved the exploiter carrying out multiple transactions on June 23 that extracted tokens stored in the bridge and subsequently making away with about $100 million in cryptocurrency. "The stolen crypto assets included Ether (ETH), Tether (USDT), Wrapped Bitcoin (WBTC) and BNB," blockchain analytics company Elliptic  said  in a new report. "The thief immediately used Uniswap – a decentralized exchange (DEX) – to convert much of these assets into a total of 85,837 ETH." Days later, on June 27, the culprit is said to have begun moving funds amounting to $

As a vCISO, you are responsible for your client's cybersecurity strategy and risk governance. This incorporates multiple disciplines, from research to execution to reporting. Recently, we published a comprehensive playbook for vCISOs, "Your First 100 Days as a vCISO – 5 Steps to Success" , which covers all the phases entailed in launching a successful vCISO engagement, along with recommended actions to take, and step-by-step examples.  Following the success of the playbook and the requests that have come in from the MSP/MSSP community, we decided to drill down into specific parts of vCISO reporting and provide more color and examples. In this article, we focus on how to create compelling narratives within a report, which has a significant impact on the overall MSP/MSSP value proposition.  This article brings the highlights of a recent guided workshop we held, covering what makes a successful report and how it can be used to enhance engagement with your cyber security clients.