Lazarus Group Accused of Stealing $11 Million in Crypto from Taiwanese Exchange BitoPro

North Korean threat actors allegedly strike again, exploiting social engineering and cloud vulnerabilities to breach Taiwanese crypto exchange BitoPro.

Targeted breach disguised as routine operations

Taiwanese cryptocurrency exchange BitoPro disclosed it was the victim of a calculated cyberattack that resulted in the theft of $11 million in digital assets. The breach occurred on May 8 during a routine upgrade of its hot wallet infrastructure.

Threat actors seized the moment and exploited the