Tuesday, August 6, 2019

UN Report: North Korea Took $2 Billion In Cyberattacks To Fund Weapons Program

The UN Security Council has unanimously imposed sanctions on North Korea since 2006

Reuters: North Korea took $2 billion in cyberattacks to fund weapons program: U.N. report

UNITED NATIONS (Reuters) - North Korea has generated an estimated $2 billion for its weapons of mass destruction programs using “widespread and increasingly sophisticated” cyberattacks to steal from banks and cryptocurrency exchanges, according to a confidential U.N. report seen by Reuters on Monday.

Pyongyang also “continued to enhance its nuclear and missile programmes although it did not conduct a nuclear test or ICBM (Intercontinental Ballistic Missile) launch,” said the report to the U.N. Security Council North Korea sanctions committee by independent experts monitoring compliance over the past six months.

The North Korean mission to the United Nations did not respond to a request for comment on the report, which was submitted to the Security Council committee last week.

Read more ....

Update #1: UN report: North Korea cyber experts raised up to $2 billion (AP)
Update #2: Did North Korea use cyberattack money to buy nuclear weapons? (Al Jazeera)

WNU Editor: If this report is true, North Korea must have one hell of a cyber organization to pull this off.

2 comments:

Anonymous said...

They have the best financial side hackers in the business. Almost all of their cyberwarfare resources go into said program.

Mike Feldhake said...

I'm sure with the backing of China...