Business & Finance
06 February 2023, 7:06 pm. 1 minute
| Reuters exclusively revealed that North Korea stole more cryptocurrency assets in 2022 than in any other year and targeted the networks of foreign aerospace and defense companies. A confidential United Nations report seen by Reuters said North Korean-linked hackers were estimated to have stolen virtual assets worth $630 million in 2022, while North Korean cybercrime is believed to have yielded cybercurrencies worth more than $1 billion. |
Market Impact
The sanctions monitors said South Korea estimated that North Korean-linked hackers stole virtual assets worth $630 million in 2022, while a cybersecurity firm assessed that North Korean cybercrime yielded cybercurrencies worth more than $1 billion. “The variation in USD value of cryptocurrency in recent months is likely to have affected these estimates, but both show that 2022 was a record-breaking year for DPRK (North Korea) virtual asset theft,” the U.N. report said.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Aerospace & DefenceBusiness & FinanceTechnology
Regions: Asia
Countries: North Korea
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story