The governments of the United States, South Korea and Japan issued a joint statement yesterday (14) regarding North Korea’s actions in the field of cybersecurity. Nation led by dictator Kim Jong-un is blamed Stealing at least US$659 million (or R$3.98 billion in direct currency conversion at the current exchange rate) in crypto asset thefts alone or against companies in the industry.
The value may be even higher than declared: according to Chainalytics, the total amount stolen may have exceeded US$1 billion or R$6.1 billion. According to the memo, these actions by attackers affiliated with or hired by the North Korean government “a significant threat to the integrity and stability of the international financial system“.
“From individual agents as well as from groups such as Lazarus”persistent and advanced threats“.
In the statement, in addition to listing the main cases, the three countries also committed to: Work together to prevent further attacks and try to recover funds stolen.
How does North Korea act to steal cryptocurrencies?
Throughout 2024, hackers allegedly affiliated with the North Korean government were responsible for scams, including the following large-scale thefts:
- DMM Bitcoin: $308 million;
- Increase: $50 million;
- Radiant Capital: $50 million;
- Rain Management: $16.13 million.
In India, local brokerage WazirX also fell victim to North Korean attackers for an amount not mentioned in the report. In this situation, Attack led to theft of $235 million.
The tactics used by these groups are as diverse as possible, from ransomware to social engineering strategies on social networks. The memo also states that companies should be careful when hiring IT professionals from North Korea; Because “infiltrating” the systems of employees in companies is a plan currently used by these cyber criminals and reported in 2024.
Source: Tec Mundo

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