Inside North Korea's Crypto Heists: $200M in Crypto Stolen in 2023; Over $2B in the Last Five Years
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Inside North Korea's Crypto Heists: $200M in Crypto Stolen in 2023; Over $2B in the Last Five Years
Over the past five years, North Korean hackers have stolen over USD 2 billion in cryptocurrencies in over 30 attacks, according to TRM Labs. While reports have indicated the amount of crypto stolen by North Korea since 2018 to be as high as $3 billion, our research indicates that this figure likely includes multiple large hacks misattributed to North Korea.
In 2023, although the total amount stolen in cryptocurrency attacks is down from a record-setting 2022, North Korea has maintained its focus on the crypto ecosystem. Year-to-date, North Korea has stolen USD 200 million in cryptocurrency, accounting for over 20% of all stolen crypto this year.Â
North Korean cyberattacks have been successful. In fact, their hacks in 2023 are 10 times larger than attacks by other actors.
North Korean Hackers Continue To Evolve Their Targets, Techniques, …
Over the past five years, North Korean hackers have stolen over USD 2 billion in cryptocurrencies in over 30 attacks, according to TRM Labs. While reports have indicated the amount of crypto stolen by North Korea since 2018 to be as high as $3 billion, our research indicates that this figure likely includes multiple large hacks misattributed to North Korea.
In 2023, although the total amount stolen in cryptocurrency attacks is down from a record-setting 2022, North Korea has maintained its focus on the crypto ecosystem. Year-to-date, North Korea has stolen USD 200 million in cryptocurrency, accounting for over 20% of all stolen crypto this year.Â
North Korean cyberattacks have been successful. In fact, their hacks in 2023 are 10 times larger than attacks by other actors.
North Korean Hackers Continue To Evolve Their Targets, Techniques, …