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Ksenia Lesko 2025-04-01 23:27:43 -04:00
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title: The Safe{Wallet}/Bybit incident report: Root cause ananlysis and mitigation strategies title: The Safe{Wallet}/Bybit incident report and mitigation strategies
date: 2025-03-20 date: 2025-04-02
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The Safe{Wallet}/Bybit incident is an example of a nation-state actor executing a series of sophisticated, multi-layered attacks on high-value targets. In cases where the potential gain is significant, it may be justified for attackers to invest in multiple 0-day vulnerabilities and chain them into elaborate exploit sequences. These campaigns often span multiple layers of tech stack, involve precision-targeted social engineering, insider compromise, or even physical infiltration. The Safe{Wallet}/Bybit incident is an example of a nation-state actor executing a series of sophisticated, multi-layered attacks on high-value targets. In cases where the potential gain is significant, it may be justified for attackers to invest in multiple 0-day vulnerabilities and chain them into elaborate exploit sequences. These campaigns often span multiple layers of tech stack, involve precision-targeted social engineering, insider compromise, or even physical infiltration.
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## Root aause analysis and mitigation strategies ## Root cause analysis and mitigation strategies
In our opinion, the primary causes of this incident stem from two key issues identified in the [Sygnia report](https://www.sygnia.co/blog/sygnia-investigation-bybit-hack/): In our opinion, the primary causes of this incident stem from two key issues identified in the [Sygnia report](https://www.sygnia.co/blog/sygnia-investigation-bybit-hack/):