Summary: The United States, Japan, and the Republic of Korea have issued a warning regarding North Korea’s cyber actors targeting the global blockchain technology industry, emphasizing the threat of cryptocurrency theft. This joint statement highlights the sophisticated tactics employed by these actors and the need for enhanced collaboration to mitigate the risks.

Threat Actor: North Korean Cyber Actors | North Korean Cyber Actors
Victim: Blockchain Entities | Blockchain Entities

Key Point :

• North Korea’s cyber program poses a significant threat to the international financial system.
• Notable cryptocurrency thefts attributed to North Korea in 2024 include DMM Bitcoin ($308 million) and WazirX ($235 million).
• The DPRK employs sophisticated social engineering attacks and malware to target the cryptocurrency industry.
• There is a risk associated with hiring North Korean IT workers, prompting advisories from the three nations.
• Collaboration between public and private sectors is essential to combat these cyber threats.