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North Korea stole US$2 billion in cyberattacks, UN report finds

Credit: Reuters - 3D Animations (Next Me
Published on August 8, 2019 - Duration: 00:53s

North Korea stole US$2 billion in cyberattacks, UN report finds

North Korea has conducted cyberattacks to steal an estimated US$2 billion to fund its nuclear weapons program, Reuters reports, citing a confidential U.N.

Report.

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North Korea stole US$2 billion in cyberattacks, UN report finds

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RESTRICTIONS: Broadcast: NO USE JAPAN, NO USE TAIWAN Digital: NO USE JAPAN, NO USE TAIWAN North Korea has conducted cyberattacks to steal an estimated US$2 billion to fund its nuclear weapons program, Reuters reports, citing a confidential U.N.

Report.

The report says North Korea continued to strengthen its weapons program over the past six months, even though they have not conducted any nuclear tests or intercontinental ballistic missile launches.

According to Reuters, experts said North Korean hackers used "sophisticated attacks" to target financial institutions and cryptocurrency exchanges to generate income.

The U.N.

Was investigating at least 35 cyberattacks by North Korean military intelligence in approximately 17 countries.

Experts are also investigating whether North Korea took part in cryptocurrency mining activities to earn money.

North Korea has recently been in the news for launching projectiles into the Sea of Japan four times in a span of two weeks.

The country has said the consecutive missile launches are a warning against the U.S. and South Korea for carrying out joint military exercises, according to Yonhap News Agency.

Reuters says that the U.N.

Report was completed before North Korea's missile launches last week.

RUNDOWN SHOWS: 1.

North Korean flag, a hacked laptop, a pile of U.S. dollars and a North Korean missile 2.

North Korea targeting bank and cryptocurrency exchanges 3.

North Korea conducting cyber attacks on other countries 4.

A room full of hackers and cyber mining VOICEOVER (in English): "North Korea has conducted cyberattacks to steal an estimated US$2 billion to fund its nuclear weapons program, Reuters reports, citing a confidential U.N.

Report." "The report says North Korea continued to strengthen its weapons program over the past six months, even though they have not conducted any nuclear tests or intercontinental ballistic missile launches." "According to Reuters, experts said North Korean hackers used "sophisticated attacks" to target financial institutions and cryptocurrency exchanges to generate income." "The U.N.

Was investigating at least 35 cyberattacks by North Korean military intelligence in approximately 17 countries." "Experts who wrote the report are also investigating to find out whether North Korea took part in cryptocurrency mining activities to earn foreign money." SOURCES: BBC.com.

CNN, Reuters, 38 North, The South China Morning Post, Yonhap News Agency, Bloomberg https://www.bbc.com/news/world-asia-49259302 https://www.bbc.com/news/world-asia-49244654 https://edition.cnn.com/2019/08/06/asia/north-korea-cryptocurrency-missile-tests-intl-hnk/index.html https://www.reuters.com/article/us-northkorea-cyber-un/north-korea-took-2-billion-in-cyberattacks-to-fund-weapons-program-u-n-report-idUSKCN1UV1ZX https://www.38north.org/2019/08/rpotter080519/ https://www.scmp.com/news/asia/east-asia/article/3021558/north-korean-hackers-have-stolen-us2-billion-fund-weapons https://en.yna.co.kr/view/AEN20190802000752325 https://www.bloomberg.com/news/articles/2019-08-06/north-korea-hacks-banks-cryptocurrencies-for-funds-un-finds *** For story suggestions please contact tips@nextanimation.com.tw For technical and editorial support, please contact: Asia: +61 2 93 73 1841 Europe: +44 20 7542 7599 Americas and Latam: +1 800 738 8377

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