“and crypto exchanges”
North Korea has stolen an estimated 2 billion dollars with digital break-ins at banks and crypto fairs. That is stated in a confidential report from the United Nations that Reuters has seen.
According to Reuters , the report states that North Korea’s attack methods are widespread and increasingly sophisticated. The North Korean regime would also launder money and crypto currency on the internet. According to the report, the money is used to pay for the development of nuclear weapons.
It is not clear which cryptobursaries and banks have all been victims of North Korean attacks. Experts would write in the report that there have been at least 35 attacks in 17 countries involving North Korea.
In recent years, security companies have more often reported North Korea-affiliated groups attacking financial institutions. The Lazarus group is said to have attacked a Taiwanese bank in 2017 and is also behind an attack on the central bank of Bangladesh.
The security company Group-IB made an overview at the end of last year with alleged proceeds from attacks on cryptobuses. Lazarus emerged as the winner in that overview , with a revenue of 571 million dollars.
Group-IB – Proceeds from hacks from crypto grants
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