Seoul: North Korean Hacker Army launched at least seven attacks on the Cryptocurrency platform in 2021 which threatened global players and captured closed status from a $ 400 million digital asset, a report said.
Haul marks an increase of 40% from the previous year, reports from the Blockchain chain research company released on Thursday said, adding that the attack mainly targeted investment companies and centralized exchanges.
CryptocurrencyLive “This behavior, put together, paint a portrait of a nation that supports crimes that supports cryptocurrency on a large-scale,” he said.
Chainalysis conclusion underlines the leader of Kim Jong UN about the country-supported hackers.
The United States and the UN Security Council have said the country’s virtual world evil helps to finance the North Korean nuclear weapons program and sustain the economy that is sobbed by global sanctions on the atomic bomb and remote missile tests.
The number reported by the research group was around 1.5% of the North Korean economy in 2020 and the possibility of taking into account more than 10% of its annual military budget.
Rocused North Korean money from cyber crime helps this “government priority funds, such as nuclear and missile programs,” US office of the National Intelligence Director said in a report that was not classified in 2021.
Chainalysis said North Korea utilizing feed phishing, code exploitation, Malware, and advanced social techniques to Siphon funds.
“So North Korea get custody of funds, they begin a careful washing process to cover and cash.” North Korea stole various Cryptocurrency, the report said.
This has increased the complexity of money laundering operations, which has grown more carefully with every year passing, he added.
The report came when North Korea closed pressure on sanctions, by saying on Friday’s delivery from his foreign ministry, it would release the “stronger and definite reaction,” if the US tried to impose more economic pressure.
After North Korea conducted two tests this month from a new hypersonic missile system designed to use high speed and maneuver to avoid US interactiontor, the US Ministry of Finance appointed five North Koreans who live abroad – one in Russia and four in China – to help weapons Nuclear State and ballistic missile program.
Kim has shown a little interest in the US call to return to the conversation of nuclear weapons which was stopped for almost three years.
Biden Administration has indicated that it can offer financial rewards in return for verified disarmament measures.
The Line of the North Korean regime’s shooting has tried to fill its coffers through two main sanctions that dodged, said the US and the United Nations.
The first is cybercrime.
The other is the transfer of ship-to-ship commodities such as coal: North Korean ship will shift cargo to another ship, or vice versa, and both ships usually try to cover their identity.
At present, North Korea has more than 6,000 members in the Cyberwarfare guidance unit, also known as Bureau 121, according to the assessment in the Defense Report Indonesia and South Korea who are not classified.
The US government has pursued North Korean agents, filed a criminal complaint against the people who, he said, illegally obtained confidential data from Sony Pictures Entertainment Inc.
In 2014 and steal $ 81 million from the Bangladesh Central Bank in 2016.
North Korea has denied involvement in hacking.