As investigations unfolded, authorities traced the assault back again to North Korea?�s infamous Lazarus Team, a point out-backed cybercrime syndicate that has a extensive record of concentrating on economical institutions.
During the many years foremost up into the February 2025 copyright hack, the copyright industry skilled a substantial escalation in cyber threats. The very first half of 2024 alone observed a doubling in cash stolen by copyright hacks and exploits as compared to the same interval in 2023.
Up coming, cyber adversaries were little by little turning toward exploiting vulnerabilities in third-party application and solutions integrated with exchanges, bringing about indirect here safety compromises.
2023 Atomic Wallet breach: The team was linked to the theft of more than $100 million from end users with the Atomic Wallet company, utilizing sophisticated methods to compromise user assets.}