North Korea’s Lazarus Group Rakes in $3 Billion from Cryptocurrency Hacks

Since at least 2017, threat actors from the Democratic People’s Republic of Korea (DPRK) have been increasingly focusing on the cryptocurrency industry as a significant means of generating revenue in order to evade sanctions placed on the nation.

“The regime’s ruling elite and its highly trained cadre of computer science professionals have privileged access to new technologies and information, despite the country’s severe restrictions on movement both within and outside of it, and its general population’s isolation from the outside world,” cybersecurity firm Recorded Future said in a report shared with The Hacker News.

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