As investigations unfolded, authorities traced the attack back to North Korea?�s infamous Lazarus Group, a condition-backed cybercrime syndicate by using a very long record of concentrating on financial institutions.
Also, attackers more and more began to target exchange personnel through phishing along with other misleading procedures to gain unauthorized entry to important click here systems.
All transactions are recorded online inside of a digital databases named a blockchain that makes use of potent a person-way encryption to guarantee safety and evidence of ownership.
As soon as the authorized personnel signed the transaction, it absolutely was executed onchain, unknowingly handing control of the cold wallet in excess of to the attackers.}