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The White House says “security vulnerabilities” in the crypto industry have allowed North Korean hackers to “steal more than $1 billion” over the past two years. And the US says North Korea used the money to support its missile program.
The allegations were made in an official statement, and in South Korea, reported by VOA Korea and Munhwa Ilbo. “allowed” to steal more than $1 billion for
It criticized “industry-wide” and “weak cybersecurity” protocols. “As an administration,” the White House said, “it remains focused on ensuring that cryptocurrencies do not undermine financial stability, protect investors, and hold bad actors accountable.” claimed.
The statement added that U.S. law enforcement agencies are “increasing resources to combat illegal activities involving digital assets.”
U.S. Department of Homeland Security Secretary Alejandro Mallorcas was quoted as saying that North Korea “financed” “weapons of mass destruction” through “cyber theft” of cryptocurrencies and fiat currencies, 10 in the past 24 months. over a billion dollars. .
Ann Neuberger, White House deputy adviser for cyber and new technologies, was quoted as saying that North Korea is pouring “up to a third” of “stolen” cryptocurrency into its missile program.
Neuberger previously called North Korea’s alleged cryptocurrency hack a “serious problem.”
North Korea: Stepping Up Crypto Hacking Efforts in 2023?
The Federal Bureau of Investigation (FBI) recently claimed that the hacker group Lazarus was behind the $100 million Harmony Horizon Bridge attack in June 2022.
The Treasury Department has announced sanctions against cryptocurrency mixing services such as Tornado Cash. Pyongyang claims to be using a crypto mixer to launder stolen crypto funds.
Earlier this month, an American security provider claimed that North Korean hackers are now trying to break into cryptocurrency accounts by sending fake job listings and fake salary adjustment notifications.
Security experts say the email contains an installer file laced with malicious code. According to them, the code is designed to help hackers compromise crypto wallets.
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