North Korea's Accumulated $3 Billion from Cyberattacks Raises Global Security Threat

Thursday, 21 March 2024, 09:52

The United Nations reveals that North Korea has pocketed $3 billion from cyberattacks on cryptocurrency firms. These funds fuel the nation's weapons of mass destruction program, posing a significant global security threat. UN reports link nearly half of North Korea's foreign currency revenue to malicious cyberactivities aimed at bypassing sanctions and enhancing financial reserves, raising concerns over the nation's nuclear and missile programs.

How Crypto Funds North Korea's Weapons of Mass Destruction Program

A startling revelation by the United Nations (UN) shows North Korea has accumulated an estimated $3 billion from cyberattacks on cryptocurrency firms. This staggering sum fuels the nation's weapons programs, escalating global security concerns.

Crypto Funds Hacked by North Korea

North Korea's cyberactivities generate approximately 50% of its foreign currency income, used to fund weapons programs. The notorious Lazarus Group spearheads these cyber operations, funding extensive military activities.

Further complicating matters, North Korea has expanded its nuclear and missile programs, heightening global tension.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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