Crypto
Once we consider crypto hacks, we regularly image refined technical exploits — flaws in good contracts, change vulnerabilities, or non-public keys being cracked. However the Bybit hack in February 2025 proved as soon as once more that essentially the most harmful safety flaw isn’t within the code — it’s in human nature.
Bybit reportedly misplaced 401,000 ETH ($1.5 billion) in an assault that wasn’t the results of a technical exploit, however quite a social engineering scheme. Hackers tricked Bybit executives into authorizing transactions themselves, utilizing deception as a substitute of brute power.
This wasn’t a one-off occasion.
Social engineering has grow to be one of the vital efficient assault vectors in crypto, but it stays one of many least talked about.
It’s time to vary that.
Not like conventional hacks that require technical talent, social engineering depends on psychological manipulation to trick individuals into giving up delicate data or performing actions that compromise safety.
