North Korean Hackers Steal $1.5 Billion in Ethereum from Bybit

Security firm SEAL reports that North Korean hacking group TraderTraitor stole over $1.5 billion in Ethereum from Bybit, their largest heist ever. The attackers used sophisticated social engineering, contacting employees via LinkedIn, Telegram, or Twitter, then deploying malware to steal private keys. SEAL advises crypto exchanges to immediately conduct internal reviews, check for suspicious employee contacts, and implement multi-sig security measures like using isolated devices for signing transactions, regularly resetting devices, and conducting red team exercises. This is crucial to bolstering security and preventing future attacks.