Data Breach

Bybit Data Breach

1 records exposed • February 2025

North Korean hackers pulled off one of the biggest crypto heists ever, stealing $1.46 billion from crypto exchange Bybit. They exploited how the exchange signed transactions.

What Happened

North Korean hackers stole $1.46 billion in Ethereum from Bybit in one of the largest cryptocurrency thefts ever, exploiting the transaction signing process.

Attack method: Wallet compromise during transaction signing

What Data Was Exposed

Ethereum - $1.46 billion worth

Is your business exposed?

What to Do If You're Affected

  1. 1.

    Move funds to self-custody if possible

  2. 2.

    Use hardware wallets for large holdings

  3. 3.

    Enable all available security features

Lessons for Businesses

  • Exchange security is critical
  • Nation-states conduct financial theft
  • Transaction signing processes need hardening

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