As investigations unfolded, authorities traced the attack back to North Korea?�s infamous Lazarus Team, a point out-backed cybercrime syndicate with a prolonged heritage of concentrating on monetary institutions.
Cold storage: A good portion of consumer resources were being stored in cold wallets, which happen to be offline and thought of much less susceptible to hacking tries.
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2023 Atomic Wallet breach: The team was connected here to the theft of around $a hundred million from people of your Atomic Wallet company, utilizing subtle techniques to compromise consumer property.}