As investigations unfolded, authorities traced the assault back again to North Korea?�s notorious Lazarus Group, a point out-backed cybercrime syndicate which has a very long heritage of targeting monetary establishments.
Within the decades leading up towards the February 2025 copyright hack, the copyright sector professional a significant escalation in cyber threats. The 1st 50 % of 2024 alone saw a doubling in cash stolen by copyright hacks and exploits compared to the identical time period in 2023.
The sheer scale in the breach eroded have confidence in in copyright exchanges, leading to a drop in investing volumes in addition to a change toward more secure or controlled platforms.
2023 Atomic Wallet breach: The group was connected to the theft of over $100 million from buyers from website the Atomic Wallet support, utilizing sophisticated approaches to compromise user property.}