North Korean cybercriminals stealing crypto and know-how to push missile program

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North Korean cybercriminals stealing crypto and know-how to push missile program
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It is also illicitly exporting coal through sea routes. 🤔 engineering

Formerly known as the Democratic People's Republic of Korea , North Korea has been conducting missile development and testing programs, even after the UN has imposed tough sanctions against the country. While the country has takento counter threats from its southern neighbor and Japan to its east, the pace of testing has increased since the turn of the new year. According to the BBC report, the country has conducted nine missile tests last month alone.

The United Nations Security Council has already barred North Korea from testing ballistic and nuclear-capable missiles, however, the country has continued to flout these restrictions. Apart from using joint scientific research programs, North Korea has resorted to using cyberattacks to gain technological know-how to advance its programs.

The report submitted to the UN sanctions committee cited Lazarus Group, a cybercrime unit sponsored by the North Korean state as the perpetrator behind seven major digital attacks,. North Korea has also been accused of illegal cyber activities in 2019 when the UNSC noted that it had made two billion dollars from such activities conducted over three years.

The UN investigation also follows an independent analysis report released last month that alleged that cybercriminals from North Korea had attacked cryptocurrency exchanges in different parts of the world and siphoned off , last year alone. This was a 40 percent jump in the money it stole in the previous year and North Korea laundered the funds out in a sophisticated manner, the report added. In addition to cyberattacks, North Korea is also engaging in exporting coal through sea routes, another transgression of the impositions imposed by the UN. While these exports, carried out via sea routes are still at relatively low levels, they have increased in the latter half of 2021.

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