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North Korea steals $1.5bn as it pulls off world’s biggest ever heist (www.aol.com)

submitted 1 day ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 11 points 1 day ago

Oh I'm sure that'll settle things down. World peace can't be that far away!

[–] [email protected] 9 points 1 day ago* (last edited 1 day ago) (1 children)

Agents from Pyongyang were able to breach the systems of Dubai-based exchange Bybit to steal the digital coin Ether, according to security analysts.

*More

Hackers gained access to Bybit’s internal systems using so-called “phishing” email, which prompted an employee to input their login details to a seemingly legitimate website that was actually compromised.

The hackers were then able to gain access to a so-called “cold wallet” – a supposedly secure cryptocurrency storage device that holds coins offline and away from the internet. When Bybit came to transfer funds from the offline wallet to its online systems, the hackers sabotaged the transfer and stole the funds.

[–] [email protected] 3 points 1 day ago* (last edited 1 day ago)

So hot wallets?

No. From the article, phishing to get access to a cold wallet..

[–] [email protected] 9 points 1 day ago (1 children)

Any technical juicy deets?

[–] [email protected] 5 points 1 day ago

They phished an employee and got cold-wallet access.

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