UN experts: North Korea stealing millions in cyberattacks

Portraits of late North Korean leaders Kim Il Sung and Kim Jong Il sit in downtown Pyongyang. North Korea is continuing to steal hundreds of millions of dollars from financial institutions and cryptocurrency firms and exchanges, illicit money that is an important source of funding for its nuclear and missile programs, UN experts said in a report quoting cyber specialists. — AP

UNITED NATIONS: North Korea is continuing to steal hundreds of millions of dollars from financial institutions and cryptocurrency firms and exchanges, illicit money that is an important source of funding for its nuclear and missile programs, UN experts said in a report quoting cyber specialists.

The panel of experts said that according to an unnamed government, North Korean “cyber-actors stole more than US$50mil (RM209.26mil) between 2020 and mid-2021 from at least three cryptocurrency exchanges in North America, Europe and Asia, probably reflecting a shift to diversify its cybercrime operations”.