Cryptory.net - According to the data provided by DeFiLlama, a comprehensive multi-chain cryptocurrency data statistics dashboard, it is evident that cybercriminals have successfully pilfered approximately $1 billion from the cryptocurrency market in the year 2023.
In this article, we will explore various countermeasures that businesses can implement to mitigate the risks associated with successful Lazarus attacks. These measures not only safeguard against Lazarus attacks specifically but also help minimize the risk of similar attacks from other groups.
Cryptory.net - These Bitcoins are said to have been stolen by North Korea’s Lazarus Group hackers, including $60 million from Alphapo and $100 million from Atomic Wallet.
Fireblocks found a vulnerability called BitForge that affected the multi-party computation (MPC) protocol of crypto platforms like Binance and Coinbase.
Cryptory.net - On-chain analysis firm Chainalysis said the recent Multichain’s exploit was very suspicious and it appears to be a rug pull by insiders.
Cryptory.net - Hacker groups affiliated with the North Korean government have targeted crypto projects of neighboring countries in order to obtain foreign currency and use it for a missile program.