As investigations unfolded, authorities traced the attack back to North Korea?�s notorious Lazarus Team, a state-backed cybercrime syndicate which has a very long historical past of concentrating on money institutions.
Also, attackers more and more started to target Trade personnel by phishing and various deceptive practices to get unauthorized entry to critical more info devices.
All transactions are recorded on the net inside of a electronic databases referred to as a blockchain that utilizes potent 1-way encryption to ensure stability and proof of possession.
When the approved personnel signed the transaction, it had been executed onchain, unknowingly handing Charge of the cold wallet more than into the attackers.}