As investigations unfolded, authorities traced the attack back again to North Korea?�s infamous Lazarus Group, a state-backed cybercrime syndicate using a long record of targeting financial establishments.
From the many years foremost up towards the February 2025 copyright hack, the copyright sector experienced a substantial escalation in cyber threats. The primary 50 percent of 2024 by itself observed a doubling in resources stolen through copyright hacks and exploits when compared to exactly the same time period in 2023.
All transactions are recorded on the web in the digital database named a blockchain that uses effective just one-way encryption to make sure protection and proof of ownership.
2023 Atomic Wallet breach: The read more team was linked to the theft of around $100 million from end users of the Atomic Wallet company, using complex techniques to compromise consumer belongings.}