As investigations unfolded, authorities traced the attack back to North Korea?�s infamous Lazarus Team, a point out-backed cybercrime syndicate which has a prolonged history of focusing on financial institutions.
Also, attackers increasingly started to focus on exchange personnel as a result of phishing and also other misleading methods to realize unauthorized usage of vital systems.
All transactions are recorded on-line inside a electronic database known as a blockchain that employs strong a single-way encryption to make read more certain security and evidence of ownership.
After the authorized staff signed the transaction, it had been executed onchain, unknowingly handing control of the chilly wallet around to the attackers.}