North Korean operatives stole $2 billion last year—and financial firms are the next target
17 Articles
17 Articles
North Korean operatives stole $2 billion last year—and financial firms are the next target
North Korea’s army of cyber operatives stole a record $2 billion in digital assets last year, fueled by the largest financial theft ever reported—$1.46 billion stolen in a single operation from crypto exchange Bybit. The attackers pulled off the heist by compromising a software developer’s laptop at a third-party platform the Dubai-based Bybit relied on, and then stealing the developer’s credentials and ultimately draining the assets from the e…
The long con: How North Korean spies spent months in-person to drain $285 million from Drift
The security intelligence research firm said North Korean-state-backed hackers account for 76% of all crypto scam and hack losses in 2026 and have stolen $6 billion since 2017. What to know: North Korean state-backed hackers, mainly the DPRK and Lazarus groups, are blamed for about 76% of global crypto hack losses in 2026, or nearly $600 million, bringing their total haul since 2017 to more than $6 billion. TRM Labs says these hackers are becom…
U.S. cybersecurity firm CrowdStrike revealed that a North Korea-linked hacking group stole more than $2 billion in virtual assets last year, with the amount stolen surging 51% compared to the previous year.
North Korean Hackers Stole $2 Billion in Digital Assets Last Year
CrowdStrike‘s 2026 Financial Services Threat Landscape Report has found that North Korean state-linked adversaries stole US$2.02 billion in digital assets in 2025, a 51% year-on-year increase, as the threat actor group weaponised artificial intelligence to industrialise financial cybercrime at scale. The report, based on intelligence tracking more than 280 named adversaries, also found that hands-on […] The post North Korean Hackers Stole $2 Bil…
Crypto Theft By North Korean Hackers Increased 51% In 2025 - Report
TL;DR North Korea-linked cyber actors caused over $2 billion in crypto losses in 2025, a 51% year-over-year increase despite fewer attacks. Activity concentrated on high-value exchanges and Web3 protocols, improving efficiency per operation. Reports from CrowdStrike highlight expanded use of social engineering, remote IT workers, and cross-chain laundering tools to move funds and evade tracking. Crypto losses linked to state-affiliated groups f…
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