forklog.com March 21, 2024 View Original About half of North Korea’s foreign currency income comes from cyberattacks, including on cryptocurrency companies. Yonhap writes about this with reference to a report by the UN Security Council.

According to the organization’s calculations, from 2017 to 2023, North Korean hackers caused damage equivalent to $3 billion. These funds were subsequently used to finance the development of weapons of mass destruction.

These estimates are consistent with previously presented calculations by Recorded Future specialists , as well as with the conclusions of The Wall Street Journal .

Although the UN report itself does not have legal force, the global security body may impose additional sanctions on North Korea, the Nikkei newspaper writes .

Let us remind you that, according to Chainalysis, attacks by hackers from the DPRK on the crypto market in 2023 became less profitable . As a result of last year’s 20 hacks, attackers stole about $1 billion worth of digital assets, while 15 cyberattacks in 2022 brought them $1.7 billion.

The equivalent of $47 million was found on the crypto wallets of one of the most active North Korean hacker groups, Lazarus Group .