As investigations unfolded, authorities traced the assault back to North Korea?�s notorious Lazarus Team, a condition-backed cybercrime syndicate which has a prolonged history of focusing on financial institutions.
Also, attackers increasingly started to focus on exchange staff by means of phishing and also other deceptive procedures to get unauthorized entry to significant units.
All transactions are recorded on the internet in a electronic database known as a blockchain that uses impressive one particular-way encryption to make certain stability and proof of possession.
As soon as the authorized staff signed the transaction, it was executed onchain, get more info unknowingly handing Charge of the cold wallet around on the attackers.}