As investigations unfolded, authorities traced the assault again to North Korea?�s notorious Lazarus Team, a point out-backed cybercrime syndicate with a lengthy background of concentrating on economical establishments.
Chilly storage: A significant portion of person money were being stored in chilly wallets, that happen to be offline and regarded as fewer vulnerable to hacking tries.
All transactions are recorded on the web in a very digital databases identified as a blockchain that employs effective one particular-way encryption to make sure stability and proof of ownership.
2023 Atomic Wallet read more breach: The team was associated with the theft of around $100 million from consumers of the Atomic Wallet provider, utilizing subtle methods to compromise consumer belongings.}