North Korean hackers have stolen over $600 million in cryptocurrency, possibly reaching $700 million with recent cyberattacks. There has been a 30% reduction in crypto stealing compared to 2022, but the DPRK has stolen $3 billion in cryptocurrency since 2017. The attacks involve compromising private keys and seed phrases, followed by transferring illicit funds to their wallet addresses and converting them to hard currency using OTC brokers. Their money laundering methods continue to evolve, requiring constant vigilance. Businesses and governments must take precautions to protect their assets and apply security patches regularly. #cybersecurity #cryptocurrency #NorthKoreanHackers #moneylaundering
https://cybersecuritynews.com/north-korean-hackers-stole-600-million/