One executive of Manta Network recently became the target of an elaborate hack. The attackers had successfully exploited weaknesses on the Zoom platform, which created new fears about the security of this newfound remote work tool. In a rare attribution following the September breach, that North Korea was behind the incident. It further underscores how dangerous actors can obtain sensitive information and steal digital valuables via the app.

Previously viewed as a sanctuary for the internal comms space, Zoom is under a microscope. The vulnerability of the platform has only been magnified by the use of sophisticated social engineering tactics used by the hackers. Such a breach threatens not only sensitive data but purloins digital assets, an increasingly alarming trend for Web3 projects.

Zoom's Vulnerability Exploited

The Manta Network executive’s discussion over Zoom won their firm the goal of a focused hack. This prompted angry cybersecurity experts as hackers exploited a vulnerability on the platform. This breach demonstrates malicious actor’s ability to circumvent what used to be a safe haven for internal communications. The incident has raised the question of whether Zoom can still be seen as a reliable platform for remote collaboration and internal communications.

The breach has forced a reevaluation of Zoom’s security practices going forward. Originally intended to be a cloud-based workspace, experts are currently recommending users take extra precautions if they share sensitive information on the platform. It further highlights the need for stronger security measures to help prevent future attacks.

Zoom’s role as the initial launching pad for this machine gun attack is exceedingly troubling. This incident casts serious doubt on the platform’s overall security—or lack thereof. This tragic event should serve as a stark reminder. Even the most trusted of such platforms are hardly immune to the most sophisticated of hackers.

North Korean Hackers Target Web3

The Manta Network breach is part of a growing trend. It is just the latest episode in a developing trend of North Korean hackers siphoning money from Web3 projects. What’s new is how these actors have been using increasingly sophisticated techniques to illegally access sensitive data and steal digital assets.

The tactics of these hackers continue to change, as evidenced by the recent use of Zoom in this attack. Now, unlike the 2019 case, they’re using vulnerabilities in widely adopted platforms to get access to their targets. That translates today into a more challenging environment for these organizations to protect themselves from such attacks.

North Korean threat actors are obviously focused on Web3 efforts. They want to cash in on the growing popularity of decentralized technologies. This can be one of the most vital and far-reaching implications for the long-term future of the Web3 area.

Implications and Recommendations

The Manta Network breach should be a wake-up call for any organization that uses Zoom to communicate internally. So, cloud providers and users alike need to put strong security structures in place to prevent such attacks. These measures include:

  • Educating employees about social engineering techniques
  • Implementing multi-factor authentication
  • Regularly updating software
  • Monitoring network traffic for suspicious activity