👨‍💻WAZIRX CYBER ATTACK UPDATE🗞️:-

💡A Joint Statement Highlights North Korea’s Involvement In $659M Crypto Thefts.

✍️The United States, Japan, and South Korea have released a joint statement addressing ongoing cyber threats posed by the Democratic People’s Republic of Korea (DPRK). These activities, executed by groups like the Lazarus Group, have severely impacted the crypto sector.

✍️These three nations have issued a unified public warning for the first time, underscoring the severity of the threat posed by state-sponsored hacking groups.

🍀Key Points:

💡Significant Incidents Identified: DPRK-linked actors have been tied to multiple thefts in 2024, including $235 million from WazirX. Other targets include DMM Bitcoin ($308M) and Upbit ($50M).

💡Collaborative Recovery Efforts: The three nations are working to recover stolen funds, aiming to deny DPRK illicit revenue that supports its weapons programs.

💡Strengthened Public-Private Collaboration: Mechanisms like the Illicit Virtual Asset Notification (IVAN) system and Crypto-ISAC are facilitating real-time information sharing and response coordination.

💡The joint statement emphasizes the importance of cooperation among nations and between the public and private sectors to disrupt these malicious cyber operations and protect the global financial ecosystem.

💡The collaboration among these nations represents a resolute step in combating DPRK’s cyber activities and enhancing financial system security.

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