UN: Half of North Korea's foreign currency income comes from cyber attacks
The equivalent of $47 million was found on the crypto wallets of one of the most active North Korean hacker groups Lazarus Group.
About half of North Korea's income in foreign currency was received as a result of cyber attacks, including on cryptocurrency companies. Yonhap writes about this with reference to the report of the UN Security Council.
According to the organization's calculations, from 2017 to 2023, North Korean hackers caused damage equivalent to $3 billion. These funds were later used to finance the development of weapons of mass destruction.
These estimates agree with the previously presented calculations of Recorded Future specialists, as well as with the conclusions of The Wall Street Journal.
Although the UN report itself has no authority, the global security body may impose additional sanctions on North Korea, the Nikkei newspaper writes.
Recall, according to Chainalysis, attacks by hackers from the DPRK on the crypto market in 2023 became less profitable. As a result of last year's 20 hacks, attackers stole digital assets worth about $ 1 billion, while 15 cyber attacks in 2022 brought them $1.7 billion.
