“The variation in USD value of cryptocurrency in recent months is likely to have affected these estimates, but both show that 2022 was a record-breaking year for DPRK virtual asset theft,” the UN report said.Ī US-based blockchain analytics firm last week reached the same conclusion. The sanctions monitors said South Korea estimated that North Korean-linked hackers stole virtual assets worth $630m in 2022, while a cybersecurity firm assessed that North Korean cybercrime yielded cryptocurrencies worth more than $1bn. North Korea has previously denied allegations of hacking or other cyberattacks. “A higher value of cryptocurrency assets was stolen by DPRK actors in 2022 than in any previous year,” the monitors wrote in their report - submitted to the 15-member council’s North Korea sanctions committee on Friday - citing information from UN member states and cybersecurity firms. The monitors have previously accused North Korea of using cyberattacks to help fund its nuclear and missile programmes.
“ used increasingly sophisticated cyber techniques both to gain access to digital networks involved in cyber finance, and to steal information of potential value, including to its weapons programmes,” independent sanctions monitors reported to a UN Security Council committee.
North Korea stole more cryptocurrency assets in 2022 than in any other year and targeted the networks of foreign aerospace and defence companies, according to a currently confidential United Nations report seen by the Reuters news agency.
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