As investigations unfolded, authorities traced the attack back to North Korea?�s notorious Lazarus Group, a point out-backed cybercrime syndicate by using a extended history of focusing on economic establishments.
Chilly storage: A good portion of user resources had been stored in chilly wallets, which can be offline and regarded as a lot less susceptible to hacking attempts.
All transactions are recorded on the web in a electronic databases named a blockchain that takes advantage of strong one particular-way encryption to guarantee security and evidence of ownership.
2023 Atomic Wallet breach: The group was connected to the theft of around $a hundred million from customers in the Atomic Wallet assistance, utilizing subtle methods to compromise consumer more info property.}