February 2026 was a positive month for crypto security, with total losses falling to about $49.3 million, an 87% drop from January’s $385 million.

However, this doesn’t mean hackers are slowing down. Instead, they are shifting tactics, increasingly exploiting human behavior rather than technical flaws in blockchain code.

An attack that drained millions

According to the report published by Nominisa, a large share of the losses came from a single incident involving Step Finance.

For context, Step Finance was a Solana [SOL]-based platform that lost nearly $30 million after an executive’s device was compromised.

By gaining access to these machines, the attackers were able to drain about 261,854 SOL, worth roughly…