- Half of these funds went to finance the nuclear program
- Moreover, hackers use cunning methods of theft
- And even get hired by crypto firms
North Korean hackers have acquired a sinister image as the world’s top cybercriminals. Bloomberg recently introduced a new report about the “successes” of this group. They raised $3 billion by stealing cryptocurrencies from companies and large owners. About 50% of these funds went to finance the country’s ballistic program.
North Korea is the king of cryptocurrency thieves
Hackers use cunning methods to get their booty. In one such case, blockchain gaming company Sky Mavis suffered.
So, the perpetrator acted under the guise of a crypto expert and created an account on LinkedIn. There, he contacted a Sky Mavis engineer and offered his job. During the recruitment process, the hacker sent an infected document and gained access to the company’s computer. As a result, the criminals stole more than $600 million.
However, this is not an isolated case. In recent years, there has been an increase in attacks on the global cryptocurrency infrastructure. According to information provided by Ann Neuberger, US presidential adviser on cybersecurity and new technologies, this leads to an increase in thefts on a really large scale. not to mention that the thefts hurt the reputation of the blockchain as an industry.
International law enforcement agencies are solving this problem. For example, the FBI has created a special unit to combat cybercrime.