As investigations unfolded, authorities traced the assault back again to North Korea?�s infamous Lazarus Team, a state-backed cybercrime syndicate with a extensive historical past of concentrating on fiscal institutions.
Also, attackers progressively began to focus on exchange staff through phishing as well as other misleading procedures read more to achieve unauthorized entry to crucial units.
All transactions are recorded on the net in the digital databases known as a blockchain that utilizes impressive just one-way encryption to be sure protection and evidence of possession.
Once the licensed personnel signed the transaction, it absolutely was executed onchain, unknowingly handing Charge of the cold wallet more than for the attackers.}