Imagine waking up to discover that $1.4 billion had vanished overnight. That’s exactly what happened when North Korean state-sponsored hackers infiltrated Bybit, one of the world’s largest cryptocurrency exchanges. This wasn’t just another cyber attack—it was the largest digital heist in history.
For years, North Korea’s infamous Lazarus Group has targeted financial institutions, particularly cryptocurrency exchanges, as a way to bypass global sanctions and fund the country’s nuclear ambitions. While crypto heists have become an unfortunate reality, this one sets a new precedent—not only in scale but in how it is forcing governments worldwide to rethink cybersecurity.
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