Alva Review-Courier -

UN report: North Korea cyber experts raised up to $2 billion

 

August 4, 2019



UNITED NATIONS (AP) — A panel monitoring U.N. sanctions says North Korean cyber experts have illegally raised money for the country's weapons of mass destruction programs "with total proceeds to date estimated at up to $2 billion."

The experts said in a new report to the Security Council that North Korea is using cyberspace "to launch increasingly sophisticated attacks to steal funds from financial institutions and cryptocurrency exchanges to generate income."

Cryptocurrency exchanges deal in virtual money like bitcoin, Ethereum and Ripple.

According to the report's summary, seen Monday b...



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