US Compiles List of Crypto Crimes Related to North Korea
Main page News, US, North Korea, Regulations, Cryptocurrency
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April 16, 2020

The US main watchdogs including the US departments of State, Treasury and Homeland Security and the Federal Bureau of Investigation (FBI) have issued an advisory on cybercrime related to North Korea.

The published advisory highlights the cyber threat posed by North Korea – also known as the Democratic People’s Republic of Korea (DPRK) – and provides recommended steps to mitigate the threat.

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The document states the North Korea's malicious cyber activities threaten the US and the broader international financial system.

The US authorities, according to the advisory, are deeply concerned about North Korea’s malicious cyber activities, which the U.S. government refers to as HIDDEN COBRA.

"The DPRK has the capability to conduct disruptive or destructive cyber activities affecting US critical infrastructure," the document states.

It is assumed that the DPRK has the capability "to conduct disruptive or destructive cyber activities affecting US critical infrastructure."

Previously iHodl reported that according to a study conducted by Insikt Group, the intelligence division of the US-based cybersecurity firm Recorded Future, Internet use rose dramatically by 300% over the last 3 years boosted by cryptos.

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