UN report: North Korea cyber experts raised up to US$2bil


  • TECH
  • Tuesday, 06 Aug 2019

People visiting Mansu Hill to pay tribute to the late leaders Kim Il Sung and Kim Jong Il on the occasion of the 25th anniversary of Kim Il Sung's death, in Pyongyang, North Korea. A panel monitoring UN sanctions said that North Korean cyber experts have illegally raised money for the country's weapons of mass destruction programmes 'with total proceeds to date estimated at up to US$2bil'. — AP

UNITED NATIONS: A panel monitoring UN sanctions says North Korean cyber experts have illegally raised money for the country's weapons of mass destruction programs “with total proceeds to date estimated at up to US$2bil (RM8.37bil)”.

The experts said in a new report to the Security Council that North Korea is using cyberspace “to launch increasingly sophisticated attacks to steal funds from financial institutions and cryptocurrency exchanges to generate income” in violation of sanctions.

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