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State of Cybercrime

$1.5B Bybit Crypto Heist

Thursday, March 13, 2025 12 p.m. ET Matt Radolec, David Gibson

The Bybit crypto exchange was hacked for a record-breaking $1.5 billion theft of Ether cryptocurrency – perhaps the largest scale theft of all time.

The FBI has linked the attack to TraderTraitor, a sub-cluster of the Lazarus Group, who leveraged a compromised machine of Safe{Wallet} to execute a supply chain attack on the Bybit platform.

Join Matt and David on March 13 for a State of Cybercrime that reviews how this attack unfolded, as well as updates on DeepSeek AI and Salt Typhoon.

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About the series

In today's digital landscape, no industry is safe from cybercrime. Hackers continue to exploit vulnerabilities across sectors, leading to highly destructive breaches.

Our State of Cybercrime series sheds light on the latest high-profile attacks while providing actionable insights across every industry.

This episode's segments include...

  • Is there any good news?
  • AI Vey — because we can't not talk about AI
  • The latest Vulnerable Vulnerabilities 
  • The highway to the Danger Zone
  • Live Q&A

Show hosts:

Headshot_MattRadolec_Square_202007-(3)

Matt Radolec

Senior Director, Incident Response and Cloud Operations, Varonis

david-gibson

David Gibson

Senior VP of Strategic Programs, Varonis

ABOUT STATE OF CYBERCRIME

Watch Matt Radolec as he reviews the latest cybersecurity news and shows you what you can do to mitigate risk.

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Snowflake Security Check | Episode 24

Inside China's APT Network | Episode 23

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