The ISO file contains 2 LNK files, both inflated filesize.
The LNK drops a decoy file named 230401.hwp and 230401.bat
Stage 1:
https://api.onedrive[.]com/v1.0/shares/u!aHR0cHM6Ly8xZHJ2Lm1zL3UvcyFBdTJteTF4aDZ0OFhnUjJNem1zOG5oUndvLTZCP2U9akhIQzZ5/root/content
dragon32[.zip - XOR encoded using the first-byte as a key.
c76fe6b56b4373138d5d3539c0c49587