Moonstone Sleet emerges as new North Korean threat actor with new bag of tricks

Microsoft has identified a new North Korean threat actor, now tracked as Moonstone Sleet, that uses both a combination of many tried-and-true techniques used by other North Korean threat actors and unique attack methodologies to target companies for its financial and cyberespionage objectives.
Moonstone Sleet is observed to set up fake companies and job opportunities to engage with potential targets, employ trojanized versions of legitimate tools, create a malicious game, and deliver a new custom ransomware.
Moonstone Sleet uses tactics, techniques, and procedures also used by other North Korean threat actors over the last several years, highlighting the overlap among these groups.
When Microsoft first detected Moonstone Sleet activity, the actor demonstrated strong overlaps with Diamond Sleet, extensively reusing code from known Diamond Sleet malware like Comebacker and using well-established Diamond Sleet techniques to gain access to organizations, such as using social media to deliver trojanized software.
Moonstone Sleet then quickly shifted to its own bespoke infrastructure and attacks, establishing itself as a distinct, well-resourced North Korean threat actor.
Moonstone Sleet is a threat actor behind a cluster of malicious activity that Microsoft assesses is North Korean state-aligned and uses both a combination of many tried-and-true techniques used by other North Korean threat actors and unique attack methodologies.
Subsequently, Microsoft has observed Moonstone Sleet and Diamond Sleet conducting concurrent operations, with Diamond Sleet still utilizing much of its known, established tradecraft.
In April 2024, Microsoft observed Moonstone Sleet delivering a new custom ransomware variant we have named FakePenny against a company it previously compromised in February.
Since January 2024, Microsoft has observed Moonstone Sleet creating several fake companies impersonating software development and IT services, typically relating to blockchain and AI. The actor has used these companies to reach out to potential targets, using a combination of created websites and social media accounts to add legitimacy to their campaigns.
In the emails Moonstone Sleet sent as part of this campaign, the actor complimented the work of the targeted organization and offered collaboration and support for upcoming projects, citing expertise in the development of web apps, mobile apps, blockchain, and AI. These emails also contained a 1×1 tracking pixel, which likely enabled Moonstone Sleet to track which targets engaged with the emails, and a link to a dummy unsubscribe page hosted on the StarGlow Ventures domain.
In this campaign, Moonstone Sleet emailed higher education organizations, claiming the company was either hiring new developers or looking for business collaboration opportunities.
As previously mentioned, Moonstone Sleet also used C.C. Waterfall to contact targets and invite them to download the actor's tank game, highlighting that this is a coordinated and concerted effort for which Moonstone Sleet can leverage multiple facets of its operations in overlapping campaigns.
Moonstone Sleet's diverse set of tactics is notable not only because of their effectiveness, but because of how they have evolved from those of several other North Korean threat actors over many years of activity to meet North Korean cyber objectives.
Moonstone Sleet's addition of ransomware to its playbook, like another North Korean threat actor, Onyx Sleet, may suggest it is expanding its set of capabilities to enable disruptive operations.
Moonstone Sleet's ability to conduct concurrent operations across multiple campaigns suggests this threat actor may be well-resourced.
Given that Moonstone Sleet's initial attacks mirrored Diamond Sleet methodologies and heavily reused Diamond Sleet's code in their payloads, Microsoft assesses this actor is equipped with capabilities from prior cyber operations conducted by other North Korean actors.
Microsoft has identified several techniques used by Moonstone Sleet that have previously been used by other North Korean threat actors.
While Microsoft has not yet identified any Moonstone Sleet supply chain attacks, the actor has extensively targeted software development firms in its campaigns.
Despite being new, Moonstone Sleet has demonstrated that it will continue to mature, develop, and evolve, and has positioned itself to be a preeminent threat actor conducting sophisticated attacks on behalf of the North Korean regime.
Microsoft Sentinel customers can also use the following query, which looks for Microsoft Defender AV detections related to the Moonstone Sleet.


This Cyber News was published on www.microsoft.com. Publication date: Wed, 29 May 2024 17:43:05 +0000


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