According to the UN report, cryptocurrency theft remains the most important source of income for North Korea-
According to the UN report, cryptocurrency theft remains the most important source of income for North Korea-
cyber attacks on cryptocurrency exchanges were an important source of money for North Korea last year, as a United Nations report revealed. According to the document, the sanctioned nation also developed its nuclear and rocket programs.
North Korea meets cryptocurrency exchanges, say sanction monitors
hacker checked by the democratic folk republic ( dvrk ) continued to target financial institutions and cryptoplatt forms such as stock exchanges, reported Reuters, citing a confidential UN report. In his annual issue, which was created by independent sanction observers and presented on Friday to the Sanction Committee of the Security Council for North Korea, it says:
cyber attacks, especially on cryptocurrency systems, remain an important source of income [for DPRK]
The report continues that, according to a member state, "DVRK cyber actors have stolen more than $ 50 million of at least three cryptocurrency exchanges in North America, Europe and Asia between 2020 and mid-2021.
The monitors also quote an estimate by Chainalysis that recently published that the regime in pjöngjang per year 2021 started no less than seven attacks on crypto companies that led to the theft of almost $ 400 million in digital assets. "These attacks mainly aimed at securities and centralized stock exchanges," said the blockchain analysis company in January.
As early as 2019, the UN sanctions observed that North Korea had an estimated $ 2 billion on $ 2 billion due to increasingly sophisticated cyber attacks. The digital money was allegedly used to finance its mass destruction weapons programs. Your last report states:
Although no nuclear tests or starts of intercontinental rockets [Intercontinental Ballistic Missiles] were reported, the DVRK further expanded its capacities for the production of fissile core material.
The authors are convinced that the maintenance and development of the North Korean nuclear and ballistic rocket infrastructure did not stop. They also point out that the country, which has been under UN sanctions since 2006, accelerated its ballistic rocket tests after it was nine starts in January, which is the largest monthly number so far.
Do you believe that North Korean hackers will continue to carry out cycle attacks on cryptocurrency exchanges? Let us know in the comment area below.
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