As investigations unfolded, authorities traced the assault back again to North Korea?�s notorious Lazarus Team, a condition-backed cybercrime syndicate that has a extensive history of targeting monetary institutions.
Chilly storage: A significant portion of user resources ended up stored in chilly wallets, which might be offline and regarded significantly less prone to hacking tries.
All transactions are recorded on-line in the electronic database referred to as a blockchain that takes advantage of potent one particular-way encryption to be certain security and proof of ownership.
2023 Atomic Wallet breach: The group was linked to the theft of over $a hundred million from buyers with the check here Atomic Wallet assistance, using sophisticated tactics to compromise user belongings.}