North Korean crypto hackers continue to send tremors through the cyberspace as they get smarter and more relentless. According to recent reports, their nefarious activities are rising, morphing, and evolving with alarming speed and sophistication.

The secrecy-shrouded regime of North Korea is leveraging its expanding army of information technology (IT) experts. It aims to fund its military ambitions, sidestepping international sanctions with a chilling audacity that has governments worldwide on high alert.

The Rise of North Korean Crypto Hackers

The United States and South Korean officials recently expressed serious concerns over North Korea’s plans to dispatch more IT workers overseas. It was seen as a strategy to intensify crypto hacking activities and bolster military funding.

According to Deputy Special Representative for the Democratic People’s Republic of Korea, Jung Pak, North Korea is preparing to expand its clandestine digital workforce as it anticipates easing the stringent COVID-19 lockdown.

“This is a growth industry, because as we see the DPRK potentially opening up borders, they could be dispatching additional laborers to all parts of the world to generate revenue. We think it’s actively getting worse,” said Pak.

Number of Crypto Hacks Worldwide

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Author: Bary Rahma

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