Drift loses $280 million as North Korean hackers seize Security Council powers
The Drift Protocol lost at least $280 million after a threat actor took control of its Security Council administrative powers in a planned, sophisticated operation. [...]
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Background for this topic.
Councils in information security are formal groups composed of experts, stakeholders, and decision-makers who develop policies, standards, and frameworks to guide cybersecurity practices within organizations or industries. They often focus on creating consistent approaches to risk management, data protection, and system security, ensuring alignment with regulatory requirements and emerging threats.
These councils influence security by defining controls that reduce attack surfaces, such as access management and encryption standards. Their guidance can shape vulnerability prioritization and secure system design, helping organizations avoid misconfigurations or gaps that attackers might exploit. Additionally, councils facilitate collaboration and information sharing, which supports coordinated defense strategies and timely updates to security policies based on evolving threat intelligence.
The Drift Protocol lost at least $280 million after a threat actor took control of its Security Council administrative powers in a planned, sophisticated operation. [...]
The Drift Protocol lost at least $280 million after a threat actor took control of its Security Council administrative powers in a planned, sophisticated operation. [...]