Kathmandu. The world's largest cryptocurrency exchange 'Binance' has become a victim of the biggest and deadliest cyber attack ever. According to information provided by Binance, digital assets worth approximately 6.3 billion US dollars (approximately 4.7 billion pounds) have been hacked. This is considered the biggest cyber theft in the history of financial and digital technology. Although the company has managed to block about half of the potentially affected amount, a large portion of the remainder is still under the control of the hackers.
Experts say that the latest incident shows that the capabilities of North Korean hackers and the technology used for cybercrime have become more sophisticated. They also state that the development of AI has provided new opportunities for cybercriminals. The use of AI can make cyber attacks more automated, easier to identify vulnerabilities in security systems, and gain unauthorized access.
In the latest attack on Binance, hackers are suspected of targeting the 'hot wallet' connected to the internet. A hot wallet is a digital wallet for storing cryptocurrency that is connected to the internet. It allows for quick transactions of digital assets. However, being connected to the internet also increases the risk of cyber attacks.
According to the BBC, this incident is the latest major cyber attack linked to North Korea. North Korea, one of the poorest countries in the world, has very limited internet access. However, the government has been accused of adopting a strategy to raise financial resources through cybercrime.