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XRP-linked Ripple opens North Korean threat intelligence to crypto firms

CoinDesk
Ripple is sharing intelligence on North Korean cyber threats with the crypto industry to combat sophisticated, long-cycle social engineering attacks.

Summary

Ripple has begun sharing internal threat intelligence regarding North Korean hackers with the broader crypto industry through Crypto ISAC. This initiative responds to a shift in attacker methodology, moving away from technical smart contract exploits toward prolonged social engineering campaigns where operatives infiltrate firms as employees. By sharing data such as email addresses, LinkedIn profiles, and contact information, Ripple aims to help other organizations recognize and block these actors before they gain internal access to sensitive systems. This effort follows a surge in major thefts, including the $285 million Drift breach, which highlighted that traditional security tools are currently ill-equipped to detect these human-centric threats.

(Source:CoinDesk)