North Korea remains in the spotlight for its involvement in cyber-attacks. In 2024, a joint statement by Japan, South Korea, and the US accused North Korean hackers of stealing $659 million in cryptocurrencies.
Major Cyber Attacks of 2024
Japan, South Korea, and the US, in their joint statement, reported a series of large-scale cyber attacks by North Korea in 2024. Attacks on cryptocurrency exchanges and blockchain companies were recorded, including WazirX with losses of $235 million, DMM Bitcoin - $308 million, as well as Upbit and Radiant Capital, both at $50 million. Hackers employed advanced tactics to breach security systems.
Behind the Scenes Methods and Hacker Groups
The North Korean hacker group 'Lazarus' executed social engineering attacks, spread malware, and infiltrated IT specialists as potential employees. These powerful attacks brought them significant financial means, as confirmed by various sources. According to Chainalysis, North Koreans are responsible for 61% of all cryptocurrencies stolen in 2024.
Prospects for Combating Cyber Threats
The governments of Japan, South Korea, and the US emphasize the importance of joint efforts to counter cyber threats. They intend to continue coordinating their actions to minimize the impact of North Korean hacker activities. The countries use sanctions and strengthen cybersecurity in the Asia-Pacific region to protect their economies and information systems.
The joint statement underlines the necessity of combining efforts to combat North Korean cyber attacks. By continuing to develop cybersecurity, countries can reduce losses and protect their infrastructure.
