UN Experts: N. Korea Stealing Millions In Cyber Attacks

February 7, 2022 4:24 am

UNITED NATIONS (AP) – UN experts say North Korea is continuing to steal hundreds of millions of dollars from financial institutions and cryptocurrency firms and exchanges, illicit money that has become an important source of revenue for the government and its nuclear and missile programs. The experts quoted an unnamed country in a new report saying North Korean “cyber-actors stole more than $50 million between 2020 and mid-2021 from at least three cryptocurrency exchanges in North America, Europe and Asia. And the experts said a cybersecurity firm reported recently that in 2021 the North’s “cyber-actors stole a total of $400 million worth of cryptocurrency.”