As investigations unfolded, authorities traced the attack back again to North Korea?�s notorious Lazarus Team, a point out-backed cybercrime syndicate having a very long record of targeting fiscal establishments.
Also, attackers increasingly began to target exchange personnel by phishing and other deceptive methods to realize unauthorized use of significant systems.
All transactions are recorded on line within a electronic databases called a blockchain that makes use of highly effective 1-way encryption to be sure stability and evidence of possession.
As soon as the authorized staff signed the transaction, it click here was executed onchain, unknowingly handing Charge of the cold wallet around towards the attackers.}