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

submitted 5 months ago by Domino to c/world@quokk.au

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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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[–] AwesomeLowlander@sh.itjust.works 4 points 5 months ago (1 children)

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.

[–] CheeseNoodle@lemmy.world 1 points 5 months ago

Yet conventional currencies are not randomly having billions transfered out of accounts and to north korea?