As investigations unfolded, authorities traced the attack back again to North Korea?�s notorious Lazarus Group, a point out-backed cybercrime syndicate having a extensive background of concentrating on monetary establishments.
Also, attackers more and more started to focus on exchange personnel as a result of phishing and also other misleading methods to get unauthorized use of essential methods.
All transactions are recorded online in a very digital databases called a blockchain that takes advantage of strong 1-way website encryption to be certain protection and evidence of ownership.
Once the licensed personnel signed the transaction, it absolutely was executed onchain, unknowingly handing control of the cold wallet about towards the attackers.}