N. Korea diversifying cybercrimes amid drop in value of cryptocurrency: report
North Korea appears to be diversifying its cybercrimes to offset the declining value of cryptocurrencies it steals to fund its nuclear and missile programs, a report said Saturday.
According to the report by Kim Bomi, a research fellow at the Institute for National Security Strategy, North Korea stole some $340 million worth of cryptocurrencies in the first three quarters of the year, which amounts to 29.6 percent of the total damage reported in the world, but is still less than the unprecedented volume it stole last year.
Kim attributed the decline to the sharp drop in the value of cryptocurrencies amid US interest rate hikes and the bankruptcy of cryptocurrency exchange operator FTX.
Kim also cited countries' strengthened monitoring and sanctions in the wake of last year's hacking of Axie Infinity, a token-based online video game, by North Korean state-sponsored hacking group Lazarus, which led to the theft of $620 million worth of cryptocurrencies.
"North Korea is renewing its interest in attacking the financial sector," Kim wrote. "Starting last year, ransomware attacks are also on the rise."
Kim also said North Korea appears to be relying on Russian exchanges to cash its cryptocurrencies. (Yonhap)
(责任编辑:쇼핑)
- Violinist Yoo Da
- Hyundai Motor shows off air mobility, drone tech at Seoul defense fair
- Enjoying Halloween in Itaewon sparks debate online
- Another suspect of Tajik duo behind S. Korean money exchange robbery nabbed
- Transgender blind spot in hospitalization: NHRCK
- [Korea Beyond Korea] In Paris, soaring demand for Korean studies yet to be fully met
- MBK chairman makes donation to promote Korean art at New York's Met
- 北, 日의 장거리미사일 조기 배치 추진에 “전쟁국가 일본 실체”
- Hyundai Elevator, Erbud team up to rebuild Ukraine
- 오세훈, ‘TBS 폐지’ 묻자 “그런 일 생겨서는 안 돼”
- Seoul subway workers vote for strike plan
- Jeonse scams cause W510b in losses, with less than 25% recovered: lawmaker
- School violence drops, drugs among teens surge: police
- HiteJinro to produce soju in Vietnam
- "조선의 샛별 여장군, 세계가 우러러 볼것"…北, 김주애도 우상화
- Gimbap and hanja cramming: Life of Korean Studies students in Paris
- Celltrion partners with US pharmacy chain for Yuflyma sales
- Seoul subway on verge of strike
- 정부, GP 복원 계획…김태효 "北 무장에 가만히 있으면 안된다"
- 'Apgujeong Box Girl' sparks online debate
- 대통령실, 범정부 기술유출 합동대응단 출범 views+
- LX Holdings CEO promoted to president views+
- Kyobo Life chairman wins top industry honor views+
- Cold wave hit S. Korea amid forecast of even chillier morning views+
- Celltrion posts record earnings in Q3, buoyed by upbeat biosimilar sales views+
- [Korea Beyond Korea] Anthropologist stresses multidisciplinary approach for strong Korean studies views+
- S. Korea retracts bans on disposable cups at cafes, restaurants views+
- Samsung C&T gears for 2023 Smart City Expo World Congress views+
- Enhypen to make MBC show debut, ending yearslong performance dispute views+
- Mama Awards stays in Japan for 2nd straight year views+