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Home Technology North Korean hackers said to have stolen nearly $400 million in cryptocurrency...

North Korean hackers said to have stolen nearly $400 million in cryptocurrency last year

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North Korean hackers stole nearly $400 million worth of cryptocurrency in 2021, making it one of the most profitable years yet for cybercriminals in the severely isolated country, according to a new report. 

Hackers launched at least seven different attacks last year, mostly targeting corporate investments and centralized exchanges with a variety of tactics including phishing, malware and social engineering, according to a report by Chainalysis, a company that tracks cryptocurrencies. 


Cybercriminals attempted to gain access to organizations’ “hot” wallets: Internet-connected digital wallets, and then transfer funds to accounts controlled by the DPRK. The thefts are the latest indication that the heavily sanctioned country continues to rely on a network of hackers to help…

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