As investigations unfolded, authorities traced the assault back to North Korea?�s infamous Lazarus Team, a condition-backed cybercrime syndicate with a very long background of focusing on financial establishments.
Also, attackers more and more commenced to target exchange staff via phishing and various deceptive techniques to gain unauthorized entry to important methods.
All transactions more info are recorded on the internet within a digital databases named a blockchain that makes use of effective one particular-way encryption to be sure protection and proof of possession.
When the authorized staff signed the transaction, it was executed onchain, unknowingly handing Charge of the cold wallet around to your attackers.}