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

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

Ripple is now sharing its internal threat intelligence on North Korean hackers with the crypto industry, the company said Monday, in a move that reframes how the sector is responding to a shift in DPRK attack methodology.

The Drift hack was not a hack in the way most people think of one.

Nobody found a bug or exploited a smart contract. North Korean operatives spent months befriending Drift’s contributors, slipped malware onto their machines, and walked off with the keys. By the time the $285 million moved, every system that was supposed to catch a hack had nothing to flag.

That is the version of events Ripple and Crypto ISAC, the crypto industry’s threat-sharing group, laid out Monday alongside news that Ripple is now sharing its internal…

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