North Korea cyber hackers stole $2billion to build weapons of mass destruction
NORTH Korea cyber hackers have stolen $2BILLION to create weapons of mass destruction, the UN has warned in a confidential report.
The unreleased probe states that the “Democratic People’s Republic of Korea cyber actors, many operating under the direction of the Reconnaissance General Bureau, raise money for its WMD programmes, with total proceeds to date estimated at up to two billion US dollars."The Reconnaissance General Bureau is a top North Korean military intelligence agency.
Such funding has helped the country carry out four missile launches in less than two weeks - the latest taking place yesterday amid stalled denuclearisation talks with Washington.said the latest missile test was "an occasion to send an adequate warning to the joint military drill now underway by the US and South Korean authorities," according to state media KCNA.
Cyber-mining activity - using powerful computers to generate virtual currency - help earn foreign moneyAttacks against cryptocurrency exchanges allows North Korea to get income in ways that are 'harder to trace' and 'subject to less government oversight' "Cryptocurrency exhanges are quite terrible at securing themselves and as a result [hackers] have been able to take a large amount of money through this style of attack."
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