As investigations unfolded, authorities traced the assault again to North Korea?�s notorious Lazarus Team, a state-backed cybercrime syndicate having a extended historical past of focusing on money establishments.
Cold storage: A good portion of consumer money were saved in cold wallets, that are offline and considered fewer at risk of hacking makes an attempt.
Upcoming, cyber adversaries were steadily turning toward exploiting vulnerabilities in third-occasion program and solutions integrated more info with exchanges, leading to indirect safety compromises.
After the approved staff signed the transaction, it absolutely was executed onchain, unknowingly handing control of the cold wallet in excess of into the attackers.}