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North Korea Steals $2.8 Billion: G7 to Address Cyberattacks at Summit

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by Giorgi Kostiuk

4 days ago


North Korea is conducting large-scale cyberattacks on crypto exchanges, causing significant losses. Total stolen digital assets exceed $2.8 billion.

North Korean Cyberattacks: Facts and Figures

North Korean hackers are accused of stealing over $2.8 billion in digital assets from 2023 to 2025. One of the largest incidents was a $1.5 billion theft targeting the Bybit exchange in February 2025.

Response to Threat and Upcoming G7 Summit

The G7 summit in Canada, slated for June 2025, will focus on cybersecurity challenges posed by North Korea. Canadian Prime Minister Mark Carney stated, 'The G7 summit will be a pivotal moment for global cybersecurity cooperation.'

Expert Forecasts and Security Measures

Experts stress the need for coordinated global cybersecurity measures. Increased intelligence sharing and sanctions are expected to be key topics at the summit, as the stability of the global financial market is at stake.

The threats from North Korean cyberattacks necessitate collective efforts from the international community to protect financial systems and mitigate risks.

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