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UN authorities investigate nearly five dozen cyberattacks by North Korea

Press Releases Crypto News Crypto-News UN authorities investigate nearly five dozen cyberattacks by North Korea

United Nations (UN) experts are probing 58 suspected North Korean cyberattacks that took place from 2017 to 2023, with an estimated value of around $3 billion.

UN experts are delving into the alleged North Korean cyberattacks, which are estimated to have generated billions of dollars for the Kim Jong Un-led nation.

The investigation focuses on 58 suspected cyber incidents including high-profile crypto hacks occurring between 2017 and 2023, reportedly aimed at funding weapon development.

According to the UN panel, the frequency of cyberattacks by North Korean hacking groups linked to the Reconnaissance General Bureau, the country’s primary foreign intelligence agency, appears to be ongoing.

The timing of this investigation coincides with escalating tensions in the region. Kim Jong-un continues to issue threats against South Korea and conducts heightened weapons demonstrations.

Consequently, the U.S., South Korea, and Japan have intensified their joint military exercises.

The UN panel also highlighted the persistence of activities at North Korea’s Punggye-ri nuclear test site, indicating potential preparations for the country’s seventh nuclear test, the first since 2017.

During the six-month period that ended in January, the Democratic People’s Republic of Korea (DPRK) reportedly launched at least seven ballistic missiles, including one intercontinental ballistic missile and possibly an intermediate-range missile, in addition to five short-range ballistic missiles.

Furthermore, the DPRK achieved a significant milestone by successfully deploying a military observation satellite into orbit following two previous failed attempts. Notably, a diesel submarine has been retrofitted into a “tactical nuclear attack submarine,” bolstering the North’s military capabilities.

The panel’s investigation also extends to reports of

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Author: Ogwu Osaemezu Emmanuel

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