North Korean hackers steal over 2 billion USD in cryptocurrency this year

North Korean hacking groups have stolen more than 2 billion USD in cryptocurrency this year, according to Elliptic. This amount, primarily from the Bybit exchange hack, signifies an alarming shift in cybercrime strategies.

Proceeds from these cyberattacks support North Korea’s weapons development. The trend indicates a move towards targeting individuals rather than centralized exchanges, utilizing social engineering tactics for theft.

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