North Korea is likely behind the $1.5bn Bybit hack, researchers say

Category: Cybersecurity

Hackers linked to North Korea are suspected of executing a $1.5 billion hack on the crypto exchange Bybit, with connections to previous hacks attributed to the Lazarus Group. Security researchers have identified similarities in the methods used, indicating a pattern of North Korean cybercrime aimed at funding the regime's nuclear program. The incident raises concerns about the recovery of the stolen assets, as North Korea's involvement could complicate efforts to trace and reclaim the funds.

Keywords: North Korea, Bybit hack, Lazarus Group

Source: DL News

Update At: 2/22/2025

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