As investigations unfolded, authorities traced the attack again to North Korea?�s notorious Lazarus Group, a state-backed cybercrime syndicate that has a long background of focusing on money establishments.
Within the many years main up on the February 2025 copyright hack, the copyright field seasoned a major escalation in cyber threats. The initial 50 % of 2024 alone noticed a doubling in money stolen by copyright hacks and exploits in comparison with precisely the same interval in 2023.
All transactions are recorded on the internet inside a electronic database named a blockchain that makes use of potent one-way encryption to be certain stability and proof of possession.
2023 Atomic Wallet breach: The group was connected to the theft of about $a hundred million from customers of your Atomic Wallet provider, utilizing sophisticated procedures to compromise person check here belongings.}