South Korean media point to a secret UN report released on Wednesday (10) North Korea More than $ 300 million has been stolen in cryptocurrencies in recent months with cyber attacks. The document states that the goal is to finance nuclear and ballistic programs banned by the international community.
The report, written by a team of experts monitoring sanctions against North Korea, estimated that “in total, the theft of virtual goods from the country between November 2019 and November 2020 was $ 316.4 million.”
There will be revenue with cryptocurrency movements
Until Thursday (1), the IRS will be notified of movements known as cryptocurrencies, which are virtual money. The demand for this type of currency has increased significantly.
The document points out that financial institutions and stock exchanges are targeting cyber-attacks and that Pyongyang can finance the development of a nuclear and ballistic program. Most of the revenue will come from the two thefts that took place at the end of 2020.
UN experts have uncovered irregularities as they investigated last September’s attack on a cryptocurrency deal. This led to the theft of $ 281 million. A month later, another operation by North Korean hackers was able to snatch $ 23 million.
“Preliminary analysis of the vectors used in the attack and the methods used to extort illicit revenue reveal strong ties with the Democratic People’s Republic of North Korea,” the report said.
There are thousands of trained hackers in North Korea who have already attacked companies and institutions in South Korea and other countries. North Korean pirates are retaliating for multiple sanctions imposed on the country by arms programs.
Negotiations between Pyongyang and Washington have been frozen since the failure of a summit between then-President Donald Trump and dictator Kim Jong Un in Hanoi, Vietnam in 2019. One of the reasons for the strike is the lack of consensus on concessions to be made by North Korea. Instead of lifting sanctions and reducing international pressure.
In 2014, Pyongyang’s cyber warfare capabilities gained global prominence in North Korea Allegedly attacked Sony Pictures Entertainment in retaliation for the movie “Interview”, A comedy that makes fun of Kim Jong Un.
It is suspected that Pyongyang stole $ 81 million from the Central Bank of Bangladesh in 2016 and $ 60 million from Taiwanese bank Far Eastern International in 2017.