As investigations unfolded, authorities traced the assault back to North Korea?�s infamous Lazarus Group, a point out-backed cybercrime syndicate with a extended heritage of concentrating on monetary institutions.
Within the many years top up to the February 2025 copyright hack, the copyright field professional a big escalation in cyber threats. The primary fifty percent of 2024 alone noticed a doubling in money stolen through copyright hacks and exploits compared to a similar period of time in 2023.
All transactions are recorded on-line in a digital databases known as a blockchain that takes advantage of effective a person-way encryption to make certain stability and evidence of ownership.
2023 Atomic Wallet breach: check here The team was associated with the theft of more than $100 million from people of the Atomic Wallet assistance, employing refined procedures to compromise user assets.}