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Is North Korea's Massive Cryptocurrency Theft Changing Global Cybersecurity? đ
North Korean hackers #stole $3 billion in cryptocurrency since 2017, with $1.7 billion pilfered in 2022 alone, surpassing the country's export earnings by tenfold.
Recorded Future's report highlights this theft as 45% of North Korea's #military budget and 5% of its economy.
Supported by the government, their focus expanded from South Korea to a global scale, complicating fund tracing.
Sanctions on platforms aiding money laundering indicate the magnitude of their impact, making North Korea a pivotal player in cybercrime, noted by experts at #Chainalysis .
#Binance
#crypto2023
North Korean hackers #stole $3 billion in cryptocurrency since 2017, with $1.7 billion pilfered in 2022 alone, surpassing the country's export earnings by tenfold.
Recorded Future's report highlights this theft as 45% of North Korea's #military budget and 5% of its economy.
Supported by the government, their focus expanded from South Korea to a global scale, complicating fund tracing.
Sanctions on platforms aiding money laundering indicate the magnitude of their impact, making North Korea a pivotal player in cybercrime, noted by experts at #Chainalysis .
#Binance
#crypto2023
