Time: June 2025 | Location: Alberta, Canada
G7 leaders (the US, UK, France, Germany, Italy, Japan, Canada) are set to discuss the threat from cyberattacks carried out by North Korea aimed at stealing billions of USD in cryptocurrency – the main funding source for the country's nuclear weapons program.
Current situation:
• Lazarus Group – a hacking group suspected to be linked to North Korea – has carried out major attacks such as:
• Axie Infinity: Lost 622 million USD
• Bybit: Lost 1.4 billion USD (2/2025)
• North Korea is increasing cooperation with Russia, sharing technology and attack tools.
• Some hackers even disguise themselves as job applicants at the exchange (Kraken) to infiltrate internally.
G7 is expected to discuss:
• Ways to prevent, track, and handle stolen crypto funds.
• Strengthening cybersecurity cooperation among member countries.
• Countering the threat from the technology alliance between North Korea and Russia.