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As investigations unfolded, authorities traced the attack back again to North Korea?�s infamous Lazarus Group, a condition-backed cybercrime syndicate by using a very long record of concentrating on financial institutions.

Cold storage: A significant portion of person cash had been saved in chilly wallets, which can be offline and regarded as less liable to hacking makes an attempt.

Up coming, cyber adversaries ended up step by step turning toward exploiting vulnerabilities in third-get together software package and services integrated with exchanges, leading click here to indirect security compromises.

After the approved staff signed the transaction, it absolutely was executed onchain, unknowingly handing control of the cold wallet in excess of into the attackers.}

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