Bybit

Bybit

In February 2025, hackers connected to North Korea stole $1.5 billion from Dubai-based crypto platform Bybit. This incident is the largest-ever crypto theft and accounts for 69% of all funds stolen this year. The attack highlights the vulnerability of even sophisticated industry entities to advanced persistent threats and the unprecedented risks faced by individual holders of cryptocurrency.

Source: https://therecord.media/chainalysis-crypto-stolen-billions

TPRM report: https://scoringcyber.rankiteo.com/company/bybitexchange

"id": "byb404071725",
"linkid": "bybitexchange",
"type": "Cyber Attack",
"date": "7/2025",
"severity": "100",
"impact": "2",
"explanation": "Attack limited on finance or reputation"
{'affected_entities': [{'industry': 'Financial Services',
                        'location': 'Dubai',
                        'name': 'Bybit',
                        'type': 'Crypto Platform'}],
 'attack_vector': 'Advanced Persistent Threat',
 'date_detected': '2025-02-01',
 'description': 'Hackers connected to North Korea stole $1.5 billion from '
                'Dubai-based crypto platform Bybit in February 2025.',
 'impact': {'brand_reputation_impact': 'Significant',
            'financial_loss': '$1.5 billion'},
 'investigation_status': 'Ongoing',
 'motivation': 'Financial Gain',
 'references': [{'source': 'Chainalysis'}, {'source': 'TRM Labs'}],
 'threat_actor': 'North Korea',
 'title': 'Bybit Crypto Theft',
 'type': 'Cryptocurrency Theft'}
Great! Next, complete checkout for full access to Rankiteo Blog.
Welcome back! You've successfully signed in.
You've successfully subscribed to Rankiteo Blog.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info has been updated.
Your billing was not updated.