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World Stolen money from cyberattacks makes up a third of the funds for North Korea's missile program, US official says

11:12  30 july  2022
11:12  30 july  2022 Source:   businessinsider.com

Russia is developing zmeevik: an anti-aircraft carriers

 Russia is developing zmeevik: an anti-aircraft carriers © Contributor / Getty Images Russia develops zmeevik: an anti-aircraft carriers Russian engineers design a ballistic missile with several hypersonic warheads. Placed on the coastlines, this machine will be particularly effective in destroying aircraft carriers. The aircraft carrier. This is how the Russian navy calls its new military project: a ballistic missile with hypersonic warheads called Zmeevik (serpentin in French).

North Korean dictator Kim Jong-un during the groundbreaking for the construction of Pyongyang General Hospital on March 17, 2020, North Korea. API/Gamma-Rapho via Getty Images © API/Gamma-Rapho via Getty Images North Korean dictator Kim Jong-un during the groundbreaking for the construction of Pyongyang General Hospital on March 17, 2020, North Korea. API/Gamma-Rapho via Getty Images
  • One third of North Korea's missile program is funded by the country's cyberattacks.
  • A US official said cyberattacks are a "core driver" of North Korea's revenue and have become a major concern.
  • A 2022 UN report says that North Korean hackers walked away with more than $400 million in cryptocurrency during cyberattacks in 2021.

Millions of dollars stolen by North Korean hackers in cyberattacks, a major component of North Korea's asymmetric warfare capabilities, are being funneled into the country's illegal missile development programs, according to statements made by a White House official this week.

North Korea warns of 'undesirable' consequences as the US and South Korea get ready for bigger war games

  North Korea warns of 'undesirable' consequences as the US and South Korea get ready for bigger war games North Korea has conducted a flurry of missile tests this year, and there are growing expectations it will conduct a nuclear test.Choe Jin, the deputy director of North Korea's Institute of Disarmament and Peace, a state-run organization operated by the North Korean foreign ministry, told the Associated Press this week that the US-South Korean military drills are "driving the Korean Peninsula to the brink of war.

Anne Neuberger, the White House's deputy national security advisor for cyber and emerging technologies, said Thursday the US estimates one-third of North Korea's missile program is funded by stolen money from cyberattacks.

"Given that cyber is such a core driver of revenue, it's something we must address," Neuberger said during a virtual conference hosted by the Center for a New American Security, a Washington-based think tank.

Neuberger said North Korea's cyber capabilities are a major concern not only because cyberattacks are a key source of revenue for the country, but also because they conduct destructive attacks and are "continuously innovating" in the way they use cyberattacks.

In a 2022 report, the UN security council's 1718 committee — named for the resolution that has imposed sanctions on North Korea since 2006 — wrote that cyberattacks on cryptocurrency remain a key revenue source for the government of North Korea. The panel cited a report from cybersecurity firm Chainalysis which showed "cyberactors" of the Democratic People's Republic of Korea stole $400 million in cryptocurrency in 2021 alone.

North Korea pushes traditional medicine to fight COVID-19

  North Korea pushes traditional medicine to fight COVID-19 PAJU, South Korea (AP) — As a medical student in North Korea, Lee Gwang-jin said he treated his fevers and other minor ailments with traditional herbal medicine. But bad illness could mean trouble because hospitals in his rural hometown lacked the ambulances, beds, even the electricity at times needed to treat critical or emergency patients. So Lee was skeptical when he heard recent North Korean state media reports that claimed such so-called Koryo traditional medicine is playing a key role in the nation's fight against COVID-19, which has killed millions around the world.

North Korea, wary of perceived threats to the security of the regime by the US and its allies, has invested heavily in developing an arsenal of short-, medium-, and long-range ballistic missiles, as well as conventional and nuclear warheads, among other combat capabilities.

This year, North Korea has conducted 31 missile tests, including one it claims was its first successful ICBM launch since 2017. In response, the US and South Korea have carried out joint-missile launches and will participate in expanded joint military training involving field exercises later this summer.

Read the original article on Business Insider

Kim Jong Un warns US and South Korea his ‘nuclear war deterrent’ is ‘ready' .
North Korean leader Kim Jong Un warned the United States and South Korea that his country would be willing to use its nuclear arsenal against them. Kim’s threat, which he issued during a speech on Thursday honoring Korean War veterans on the 69th anniversary of the end of the fighting, comes as U.S. and South Korean intelligence agencies have warned that North Korea appears on the verge of conducting its first nuclear test since 2017.

usr: 1
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