DPRK Cyber IndexYearsActorsSourcesAttacks on North KoreaMethodologyContributeSearch

FakePenny Ransomware

Date (as written)
2024-05
Year
2024
Country
ZZZ
Actors (as written)
Moonstone Sleet
Actor pages
Moonstone Sleet
Tags (as written)
FinancialGain Defense
Dollar figures (as written)
$6.6 million; $6.6M USD; $6.6M

Source entries (8)

lazarus.day

FakePenny Ransomware · 2024-05
In April 2024, Microsoft observed Moonstone Sleet deploying FakePenny, a custom ransomware loader and encryptor, against a company the actor had previously compromised in February. Microsoft assessed the deployment as financially motivated and significant because it was the first observed ransomware use by Moonstone Sleet, a distinct North Korean state-aligned actor that also uses fake companies, job or developer outreach, trojanized PuTTY and npm projects, IT-worker activity, and malicious game-themed lures.
https://lazarus.day/incidents/fakepenny/

EuRepoC

The North Korean state-aligned hacking group Moonstone Sleet compromised an unspecified company in April 2024 with the FakePenny ransomware · 01.04.2024
The North Korean state-aligned hacking group Moonstone Sleet (previously tracked as Storm-1789) compromised an unspecified company in April 2024 with the FakePenny ransomware, Microsoft reported in a technical report on 28 May 2024. According to the report, the hacker group is said to have been financially motivated and demanded $6.6 million in bitcoins from the company that they had previously compromised in February.
https://www.bleepingcomputer.com/news/microsoft/microsoft-links-moonstone-sleet-north-korean-hackers-to-new-fakepenny-ransomware/
https://www.microsoft.com/en-us/security/blog/2024/05/28/moonstone-sleet-emerges-as-new-north-korean-threat-actor-with-new-bag-of-tricks/
https://www.malwarebytes.com/blog/news/2024/06/a-week-in-security-may-27-june-2-2
https://www.bleepingcomputer.com/news/security/microsoft-links-scattered-spider-hackers-to-qilin-ransomware-attacks/

CFR Cyber Operations Tracker

Targeting of aerospace and defense organizations worldwide · May 2024
Moonstone Sleet, a North Korean actor identified in May 2024, developed a custom ransomware variant called FakePenny, which it deployed at organizations in aerospace and defense after exfiltrating data from the compromised networks.
https://www.cfr.org/cyber-operations/targeting-of-aerospace-and-defense-organizations-worldwide
https://www.microsoft.com/en-us/security/blog/2024/05/28/moonstone-sleet-emerges-as-new-north-korean-threat-actor-with-new-bag-of-tricks/

Mendeley Data: Collection of DPRK state-sponsored threat actors' activities v2 (Lyu, Sungkyunkwan Univ.)

FakePenny Ransomware · 2024-05
Reported: 2024-05; Victims: FakePenny Ransomware; Motivations: FinancialGain; Sectors: Defense; Countries: Worldwide
https://data.mendeley.com/datasets/wwb2rzgfn7/2

Multilateral Sanctions Monitoring Team (MSMT) report, 22 Oct 2025

FakePenny ransomware at a U.S. defense contractor · 2024
(MSMT/2025/2, report p. 39) “In 2024, Moonstone Sleet actors deployed multiple ransomware loaders and implants, such as a set of tools referred to as FakePenny, to encrypt files at a U.S. defense contractor and demanded that BTC payments be sent to DPRK-controlled cryptocurrency addresses (bc1q64jk7kra50eezk0hk6nxfqe42yrq23cwcemdg6 and bc1qaejck84j2w7xl24m9y35p5rhqv0sy8fwq00g0j).”
https://github.com/tayvano/lazarus-bluenoroff-research/blob/main/pdfs/2025-10-22_MSMT-Report.pdf

Microsoft Threat Intelligence (Microsoft Security Blog)

Moonstone Sleet FakePenny ransomware against a previously compromised defense technology company · 2024-05-28T16:00:00+00:00 (published_time)
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. ... The ransom demand was $6.6M USD in BTC. ... In early December 2023, we observed Moonstone Sleet compromising a defense technology company to steal credentials and intellectual property. In April 2024, the actor ransomed the organization using FakePenny.
https://www.microsoft.com/en-us/security/blog/2024/05/28/moonstone-sleet-emerges-as-new-north-korean-threat-actor-with-new-bag-of-tricks/

Microsoft Digital Defense Report

Moonstone Sleet FakePenny ransomware at aerospace and defense organizations · Microsoft Digital Defense Report 2024
Moonstone Sleet, a new North Korean actor identified in May 2024, developed a custom ransomware variant called FakePenny which it deployed at organizations in aerospace and defense after exfiltrating data from the impacted networks.
https://cdn-dynmedia-1.microsoft.com/is/content/microsoftcorp/microsoft/final/en-us/microsoft-brand/documents/Microsoft%20Digital%20Defense%20Report%202024%20(1).pdf

Malwarebytes Labs / ThreatDown blog

North Korean threat actor behind new ransomware (Moonstone Sleet, FakePenny) · 2024-05-29T16:29:58+00:00
A relatively new group of North Korean cybercriminals has been found deploying FakePenny ransomware. ... In a security blog , Microsoft has revealed some of the tactics being used by a relatively new group of cybercriminals operating out of North Korean, that it calls Moonstone Sleet (formerly Storm-1789).
https://www.threatdown.com/blog/north-korean-threat-actor-behind-new-ransomware

Values found later for empty fields

dollar figures: $6.6M USD in BTC
The ransom demand was $6.6M USD in BTC.
https://www.microsoft.com/en-us/security/blog/2024/05/28/moonstone-sleet-emerges-as-new-north-korean-threat-actor-with-new-bag-of-tricks/

Suggest a correction on GitHub