The Associated Press reports that the experts accused the Asian country, led by Kim Jong Un, of illegally acquiring as much as $2 billion from its sophisticated cyber activities against financial institutions and cryptocurrency exchanges. These are the thirteen countries that were attacked at least once: Costa Rica, Gambia, Guatemala, Kuwait, Liberia, Malaysia, Malta, Nigeria, Poland, Slovenia, South Africa, Tunisia, and Vietnam.
After a United Nations report recently accused the North Korean regime of carrying out major cyberattacks of banks and crypto exchanges to fund its weapons of mass destruction programs, a longer version of the report has set out the claims in new detail.
South Korean cryptocurrency exchange Bithumb was reportedly attacked at least four times, leading to a cumulative loss of over $50 million.More news: Former NBA Point Guard Sebastian Telfair Sentenced 3.5 Years for Gun Possession
It's believed the cyberattacks were used to fund North Korea's weapons program.
South Korea was the most affected being victim to 10 attacks from its northern neighbor.
Attacks on cryptocurrency exchanges and individual holders, where tokens were stolen.
In one of the examples of cyberattacks cited in the report, hackers accessed the infrastructure managing an unnamed country's entire ATM system and installed malware modifying the way transactions are processed.More news: When does 'Dolemite Is My Name' come to Netflix?
As well as "quasi-legitimate" mining operations, the report investigated 'crypto-jacking', whereby North Korean hackers infect computers with malware. The first two attacks (in 2017) each resulted in losses of around $7 million, while the second two attacks (in June 2018 and March 2019) leading to the loss of $31 million and $20 million, respectively.
In Chile, the experts said, North Korean hackers demonstrated "increasing sophistication in social engineering", by using LinkedIn to offer a job to an employee of the Chilean interbank network Redbanc, which connects the ATMs of all the country's banks.
The investigation also revealed that cryptojacking was used on several occasions to mine cryptocurrencies on the sly.More news: The Lion King Remake Is Now The Top Grossing Animated Film