April 24, 2024

UN: North Korean hackers stole a record amount of cryptocurrency in 2022

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UN: North Korean hackers stole a record amount of cryptocurrency in 2022

United Nations(UN) presented a report to the North Korea Sanctions Committee showing that North Korean hackers stole more crypto assets in 2022 than in any other year.

UN analysts have found that North Koreanhackers were responsible for stealing between $630 million and more than $1 billion worth of crypto assets last year after targeting the networks of foreign aerospace and defense companies.

The report notes that hackers beganuse more sophisticated schemes to steal funds, making it much more difficult to track stolen crypto assets. Hackers also aim to gain access to digital networks involved in cyber finance and steal potentially valuable information.

According to Chainalysis, cryptocurrency theftaccounts for a significant portion of North Korea's national economy, and in 2022, North Korean hackers stole at least $1.7 billion in cryptocurrencies. However, the UN believes that the hackers' main goal is information useful for North Korea's weapons programs.

Previously, Kaspersky Lab reported thatNorth Korean hacker group Lazarus has created an offshoot of BlueNoroff, posing as venture capitalists who are interested in cryptocurrency startups.