State-backed North Korean hackers have stolen $1.5bn (£1.2bn) of cryptocurrency in the largest heist in history.

The hackers stole more cryptocurrency in one attack than all the funds stolen by North Korean cyber criminals in 2024, when the rogue state’s cyber attackers made off with around $1.3bn in digital coins, according to cryptocurrency analysts Chainalysis.

  • AwesomeLowlander@sh.itjust.works
    3·
    15 hours ago

    The take away here is that many (all?) crypto exchanges are failing to properly secure their systems.

    When your adversary is a nation-state with an actual army of hackers that can work 24/7 and deploy 0-days, it’s hard to say for sure the exchange is at fault for not handling security properly. This isn’t a lone Kevin Mitnick pulling a stunt, this is literal cyber warfare.