South Korea's spy agency has revealed that state-sponsored North Korean hackers have managed to steal $1.2 billion in virtual assets worldwide since 2017
Seoul's main spy agency NIS reveals that over half of the estimated $1.2 billion assets stolen since 2017 were taken this year and $78 million came from South Korea.
South Korea's main spy agency, the National Intelligence Service, revealed on Thursday that state-sponsored North Korean hackers are estimated to have stolen 1.5 trillion won in virtual assets around the world since 2017, including about 800 billion won this year alone.The NIS also warned that North Korean hackers are expected to conduct more cyberattacks next year to steal advanced South Korean technologies and confidential information on South Korean foreign policy and national security.
The NIS noted that Pyongyang's capacity to steal digital assets is now considered among the best in the world because of the country's focus on cybercrimes since UN economic sanctions were toughened in 2017 in response to its nuclear and missile tests.The UN sanctions imposed in 2016-17 ban key North Korean exports such as coal, textiles and seafood.
Earlier this month, senior diplomats from the United States, South Korea and Japan agreed to increase efforts to curb illegal North Korean cyber activities.
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