Hackers linked to North Korea stole US$ 1 bil. worth of crypto assets in 2023

北, 지난해 20개 가상화폐 플랫폼 해킹 1조3천억원 상당 훔쳐

In the meantime, North Korea continued to mess around with illegal cyber activities in 2023, in fact, carrying out the most it’s ever done.
This signals a red flag especially for South Korean authorities ahead of the April general election.
Shin Ye-eun reports.

Despite measures from the international society to prevent further cyber attacks, 2023 was the most active year for North Korean-linked hackers.
According to Chainalysis, an American blockchain analysis firm, 20 cryptocurrency platform attacks have been traced back to North Korea, which is the highest number of attacks since 2016 when data was first compiled.
The total attacks from last year account for approximately 1 billion U.S. dollars worth of crypto assets.
The number of cyber attacks started to increase from 2020 as North Korean affiliated groups such as Kimsuky and the Lazarus Group targeted different cryptocurrency platforms and exploited decentralized finance protocols.
North Korean attackers have allegedly stolen a whopping amount of cryptocurrency to fund nuclear programs, though the regime denies any claims of hacking.
Pyongyang faces multiple UN sanctions as well as those from the U.S. Treasury’s Office of Foreign Assets Control, and South Korean authorities, to limit illicitly obtained and laundered funds.
This comes as South Korea’s intelligence agency reported on Wednesday that 80 percent of attempts to hack South Korea’s public institutions last year were attributed to North Korean-related hacker groups.
Mostly to fund its weapons program, South Korea’s National Intelligence Agency predicts that Pyongyang’s hacking attempts and dissemination of fake news are expected to be more frequent throughout this year as election season approaches both in Washington and Seoul.
The NIS has pledged to strengthen measures to respond to cyber attacks by creating a task force team and establishing heightened responses.

Shin Ye-eun, Arirang News.

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2024-01-25, 09:00 (KST)

In the meantime North Korea continued to mess around with illegal cyber activities in 2023 in fact carrying out the most it’s ever done the signal is a red flag especially for South Korean authorities ahead of the April general election shinan reports despite measures from the international Society to prevent further

Cyber attacks 2023 was the most active year for North Korean linked hackers according to chain analysis an American blockchain analysis firm 20 cryptocurrency platform attacks have been traced back to North Korea which is the highest number of attacks since 2016 when data was first compiled the total attacks from last year account for

Approximately 1 billion US worth of crypto assets the number of cyber attacks started to increase from 2020 as North Korean Affiliated groups such as kimsi and the Lazarus group targeted different cryptocurrency platforms and exploited decentralized Finance protocols North Korean attackers have allegedly stolen a whopping amount of cryptocurrency to fund nuclear programs

Though the regime denies any claims of hacking pongyang faces multiple un sanctions as well as those from the US treasury’s office of foreign assets control and South Korean authorities to limit illicitly obtained and laundered funds this comes as South Korea’s intelligence agency reported on Wednesday that 80% of attempts to hack

South Korea’s public institutions last year were attributed to North Korea related hacker groups mostly to fund its weapons program South Korea’s national intelligence agency predicts that pyongyang’s hacking attempts and dissemination of fake news are expected to be more frequent throughout this year as election season approaches both in

Washington and soul the NIS has pledged to strengthen measures to respond to cyber attacks by creating a task force team and establishing heightened responses adid news