UN experts: North Korea stealing millions in cyber attacks

UN experts: North Korea stealing millions in cyber attacks

UN experts quoted cyber experts as saying in a report that North Korea continues to steal hundreds of millions of dollars from financial institutions and cryptocurrency firms and exchanges, illicit money that is a significant source of funding for its nuclear and missile programs. .

The panel of experts said that according to an unnamed government, North Korean “cyber-actors stole more than $50 million from at least three cryptocurrency exchanges in North America, Europe and Asia between 2020 and mid-2021, possibly This reflects the diversification of cybercrime operations.” And experts said in the section on the report on cyber activities obtained Sunday by the Associated Press that an unnamed cybersecurity firm reported that in 2021 “cyber-actors of the North will be involved in cryptocurrency exchanges and investments.” A total of $400 million worth of cryptocurrency was stolen through seven intrusions into the firms. ,

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