As investigations unfolded, authorities traced the assault back to North Korea?�s notorious Lazarus Group, a condition-backed cybercrime syndicate which has a very long background of concentrating on economic establishments.
Cold storage: A significant portion of consumer cash were being stored in cold wallets, which might be offline and thought of much less vulnerable to hacking makes an attempt.
The sheer scale on the breach eroded have faith in in copyright exchanges, leading to a drop in investing volumes and website also a change toward more secure or controlled platforms.
2023 Atomic Wallet breach: The group was connected to the theft of around $100 million from consumers on the Atomic Wallet provider, utilizing sophisticated approaches to compromise user assets.}