Seven (G7) group leaders may discuss the increase in North Korea cyberattacks and crypto robbery at an upcoming summit in Canada, mid -next month.
Conflicts in Ukraine and Gaza will prevail over discussions, but increasing North Korean cyber threats and crypto hacks have become a major concern that requires a coordinated international response, Bloomberg reported On May 7, people are known to be familiar with the plans.
People said North Korea’s operations were stressful, as the stolen crypto became the main source of funding for the regime and its programs.
North Korean-related groups-related groups like Lazaro Group steal billions of dollars amount of crypto this year, including pulling $ 1.4 billion Hack sa bybit In February, the largest for the crypto industry.
North Korean hackers also stole more than $ 1.3 billion to 47 crypto heists in 2024, According to To blockchain analytics firm chainalysis. The US, Japan and South Korea warned in January that North Korea also deployed tech workers to infiltrate crypto companies as insider threats.
North Korean workers “Information (IT) also present a insider threat to private sector partners,” the statement read.
The forbidden proceeds from these high-profile hacks have helped Hermit Kingdom prevent international penalties and fund weapons development programs, according to a US ark Report in September.
Related: North Korean Crypto attacks are rising in sophistication, actor – paradigma
In April, a group affiliated with Lazarus Set up three shell companies.
Attempt to enter the crypto exchange
Earlier this month, the Crypto Exchange Kraken detailed How it filed an attempt by a North Korea hacker to enter its organization.
Kraken’s Chief Security Officer Nick Percooco, conducted tests by verifying the BITAG identity that the candidate failed, confirming the deception.
The cyber threat intelligence experience Freelance work Online.
In February, Garcia invited Cointelegraph to take part in a Dummy job interview He sets up with a suspected North Korean operative, who accidentally shared details that link him to the country’s crypto scams.
Magazine: Bitcoin up to $ 1m ‘by 2029,’ CIA TIPS hat on Bitcoin: Hodler’s Digest
