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Elliptic: Lazarus hacker group may be behind Harmony One hack

The Elliptic cybersecurity agency, while investigating the exploit and money laundering methods stolen from the Harmony One bridge hack, discovered the “North Korean footprint” of Lazarus.

Elliptic has speculated that the $100 million Harmony One bridge breach could be the responsibility of the North Korean government-backed Lazarus hacking group. The company claims that the methods of laundering the stolen cryptocurrency are similar to those previously used by Lazarus.

To breach the security protocol system, the hackers first targeted the username and password of Harmony One employees in the Asia-Pacific region, experts said. Once in control, the criminals used automated services to move the stolen assets – the hackers transferred more than 40% of the funds to the Tornado Cash mixer.

Recall that last week the Harmony One project team announced the hacking of the Horizon bridge between the Ethereum, Binance Chain and Bitcoin blockchains. Hackers managed to steal $100 million worth of tokens.

A few days later, the cybersecurity agency PeckShield reported that the stolen assets were in motion. The hackers sent three transactions from the address used in the hack for a total of about $36 million. The addressee was the Tornado Cash mixing service.

At the same time, assets worth $64 million are still in the wallet of hackers. It was probably from these manipulations that Elliptic concluded that Lazarus hackers were behind the hack.

Source: Bits

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