As investigations unfolded, authorities traced the attack again to North Korea?�s infamous Lazarus Team, a state-backed cybercrime syndicate which has a very long background of concentrating on economic establishments.
Inside the a long time primary up for the February 2025 copyright hack, the copyright business professional a major escalation in cyber threats. The very first 50 percent of 2024 by itself saw a doubling in money stolen by way of copyright hacks and exploits click here when compared with a similar period in 2023.
Subsequent, cyber adversaries had been step by step turning towards exploiting vulnerabilities in third-party software package and expert services built-in with exchanges, leading to oblique safety compromises.
By the point the dust settled, over $one.five billion value of Ether (ETH) had been siphoned off in what would grow to be among the biggest copyright heists in historical past.}