$1.5B ByBit Crypto Heist
The Bybit crypto exchange was hacked for a record-breaking $1.5 billion theft of Ether cryptocurrency – perhaps the largest scale theft of all time. The FBI has linked the attack to TraderTraitor, a sub-cluster of the Lazarus Group, who leveraged a compromised machine of Safe{Wallet} to execute a supply chain attack on the Bybit platform. Matt and David review how this attack unfolded, and share updates on DeepSeek AI and Salt Typhoon. Listen now!
State of Cybercrime · Matthew Radolec, David Gibson, Varonis
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Show Notes
The Bybit crypto exchange was hacked for a record-breaking $1.5 billion theft of Ether cryptocurrency – perhaps the largest scale theft of all time. The FBI has linked the attack to TraderTraitor, a sub-cluster of the Lazarus Group, who leveraged a compromised machine of Safe{Wallet} to execute a supply chain attack on the Bybit platform. Matt and David review how this attack unfolded, and share updates on DeepSeek AI and Salt Typhoon. Listen now!
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