The United States, Japan, and South Korea have joined together to warn the industry about the ongoing hacking threats by North Korean actors after observing “aggressive” targeting of
the crypto industry.
US, Japan, South Korea Send Warning In a joint statement,
the US, Japanese, and South Korean governments warned the
blockchain technology industry about the Democratic People’s
Republic of Korea (DPRK) cyber attackers’ targeting and
compromise of different entities worldwide.
According to the statement, the advanced persistent threats
from groups linked to North Korea, including the Lazarus Group,
continue to demonstrate “a pattern of malicious behavior in
cyberspace” with their numerous campaigns to steal
cryptocurrencies.
These attacks threaten the three countries and the
international community as they compromise the integrity of
the financial system and worldwide stability by funding DPRK’s
for B.M. programs with stolen crypto funds.
The DPRK’s cyber program threatens our three countries and
the broader international community and, in particular,
poses a significant threat to the integrity and stability of the
international financial system.
Our three governments strive together to prevent thefts,
including from private industry, by the DPRK and to recover stolen funds with the ultimate goal of denying the DPRK illicit
revenue for its unlawful weapons of mass destruction and
B.M. programs.
The statement emphasized the need for deeper collaboration among the public and private sectors of the three nations to fight these cybercrime operations and protect the international
financial system:
Deeper collaboration among the public and private sectors of
the three countries is essential to proactively disrupt these
malicious actors’ cybercrime operations, protect private
business interests and secure the international financial system.