US, Japan, South Korea Condemn North Korean Cyberattacks on Crypto
The United States, Japan, and South Korea condemned North Korea's cyberattacks, highlighting their threat to global security. Key points include:
- North Korean hackers stole over $1.3 billion in cryptocurrency in 2024, funding military programs.
- Advanced tactics include targeting exchanges and using malware and social engineering.
- In 2023, $660.5 million was stolen across 20 incidents; this increased to $1.34 billion in 2024 from 47 incidents.
- The Lazarus Group is linked to major thefts in the sector.
- Recent sanctions were imposed on 15 North Korean IT members aiding nuclear programs.
- Collaboration is urged for theft prevention and recovery of stolen funds.
- Private entities are advised to enhance cybersecurity measures.
- US authorities recently seized assets connected to the Lazarus Group following significant thefts.
The statement emphasizes ongoing risks from DPRK-affiliated hacking groups, which threaten international stability by leveraging stolen cryptocurrency to evade sanctions.