North Korea Hackers Stole $625 Million in 2022

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Photo by Micha Brändli on Unsplash

South Korea’s leading spy agency, the National Intelligence Service (NIS), said that North Korean hackers had stolen an estimated 1.5 trillion won ($1.2 billion) in cryptocurrency and other virtual assets in the past five years, more than half of it, or about 800 billion won ($626 million), this year alone.

NIS said North Korea’s capacity to steal digital assets is considered among the best in the world because of the country’s focus on cybercrimes since U.N. economic sanctions were toughened in 2017 in response to its nuclear and missile tests.

Earlier this month, senior diplomats from the United States, South Korea, and Japan agreed to increase efforts to curb illegal North Korean cyber activities…