The Lazarus Group has a long history of targeting cryptocurrency exchanges, with previous attacks including the $620 million Ronin hack in 2022 and the $41 million theft from Stake.com in 2023.

The group used sophisticated techniques in the Bybit attack — such as hiding the signature interface — including social engineering and exploiting vulnerabilities in smart contracts.

The US government and cybersecurity experts have long tracked the Lazarus Group for its role in multibillion-dollar cryptocurrency heists. #BybitSecurityBreach $ETH