Would you like to receive notifications on latest updates of the following headlines?

Un Probes Dprk-Linked Hacking Groups

POSTED ON February 11, 2024 •   World      BY Segun Adewole

The United Nations (UN) has launched an investigation into hacking groups associated with the Democratic People’s Republic of Korea (DPRK) amid allegations of orchestrating cyberattacks on cryptocurrency firms over a span of six years, resulting in profits estimated at approximately $3 billion.

Recent reports by Reuters, drawing from unpublished UN documents, reveal that an independent sanction committee is overseeing the probe into these DPRK-linked hacking groups. These groups are said to have targeted 58 cryptocurrency-related companies between 2017 and 2023, purportedly to finance their efforts in developing weapons of mass destruction (WMD).

The investigation underscores growing concerns regarding the role of cyber warfare and illicit financial activities in advancing the DPRK's military capabilities. The alleged cyberattacks on cryptocurrency firms represent a significant escalation in the DPRK's cyber operations, highlighting the adaptability and sophistication of its hacking capabilities.

The UN's scrutiny of these hacking groups reflects international efforts to counter cyber threats and disrupt illicit financial networks that support hostile regimes. The investigation aims to shed light on the mechanisms employed by DPRK-linked entities to exploit digital currencies for illicit purposes, posing challenges to global financial stability and security.

The findings of the investigation could have far-reaching implications for efforts to address cybersecurity threats and combat the proliferation of weapons of mass destruction. The alleged involvement of DPRK-linked hacking groups in cyberattacks targeting cryptocurrency firms underscores the urgent need for enhanced international cooperation and coordination in addressing emerging security challenges in the digital domain.

As the investigation unfolds, stakeholders across the international community will closely monitor developments and consider appropriate measures to counter the evolving threat landscape posed by cyber-enabled activities linked to rogue states like the DPRK.

READ ALSO
Trump blames pass administration policies for Washington air crash, calls for accountability
BY Abiodun Saheed Omodara January 30, 2025 0

Following the Washington Air crash that resulted in the deaths of 67 individuals near Reagan Nationa...

READ ALSO
Trump targets over 3000 Nigerians for deportation
BY Abiodun Saheed Omodara January 29, 2025 0

Over 3,690 Nigerians residing in the United States are at risk of deportation due to actions taken b...

READ ALSO
U.S. halts all foreign aid, exempt Israel, Egypt amid 'America First' Policy Shift
BY Abiodun Saheed Omodara January 25, 2025 0

USA (AFP) - The United States, the largest donor globally, halted nearly all foreign aid on Friday,...

READ ALSO
W’Bank imposes 30-month debarment on Nigerian coy’s for corruption
BY Abiodun Saheed Omodara January 22, 2025 0

The World Bank Group has announced a 30-month debarment for two companies based in Nigeria, Viva Atl...

READ ALSO
Portugal reduce Russian dependency, imports LNG from U.S., Nigeria
BY Abiodun Saheed Omodara January 22, 2025 0

(Reuter/NAN)- Portugal has announced its intention to boost its liquefied natural gas (LNG) imports...

READ ALSO
World Health ripped us off, Trump pull out of WHO
BY Abiodun Saheed Omodara January 21, 2025 0

President Donald Trump signed an executive order mandating the United States' withdrawal from the Wo...

READ ALSO
Shettima leaves for Davos to attend 2025 WEF
BY Abiodun Saheed Omodara January 20, 2025 0

ABUJA, Nigeria - The Vice-President of Nigeria, Kashim Shettima has departed Abuja to represent Nige...

READ ALSO
Trump to reinstate TikTok operations in U.S on Monday, seek 50% ownership
BY Abiodun Saheed Omodara January 20, 2025 0

UNITED STATE- US President-elect Donald Trump has announced on Saturday that he plans to reinstate T...

OUR CHANNELS:

EU assures continue support for Nigeria’s democracy
BY Abiodun Saheed Omodara January 30, 2025 0

ABUJA – The European Union (EU) has reaffirmed its unwavering commitment to strengthening...


Tinubu Returns to Nigeria From Tanzania
BY Abiodun Saheed Omodara January 30, 2025 0

President Bola Tinubu has returned to Abuja following his attendance at the Africa Heads of State En...


Obi emphasises focus on Nigerians' welfare, seek coalition for 2027 elections
BY Abiodun Saheed Omodara January 30, 2025 0

Labour Party presidential candidate Peter Obi has expressed his willingness to a coalition ahead of...


FAAN ease traffic congestion, suspends access gate fees at Abuja Airport
BY Abiodun Saheed Omodara January 28, 2025 0

The Federal Airports Authority of Nigeria has announced the suspension of all access gate fees at th...


Obasa challenges removal as Speaker, Denies corruption allegations
BY Abiodun Saheed Omodara January 27, 2025 0

The impeached Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has faulted his removal...


Court orders woman to pay N150, 000 for boyfriend emotional distress
BY Abiodun Saheed Omodara January 27, 2025 0

A Magistrate Court in Ilesa, Osun State, has ordered Rhoda Adu to pay N150,000 in damages for not vi...


U.S. halts all foreign aid, exempt Israel, Egypt amid 'America First' Policy Shift
BY Abiodun Saheed Omodara January 30, 2025 0

USA (AFP) - The United States, the largest donor globally, halted nearly all foreign aid on Friday,...


NELFUND reaffirms commitment to affordable education
BY Abiodun Saheed Omodara January 28, 2025 0

The Managing Director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, has reiterat...


Edo report eight Lassa Fever deaths, 56 cases
BY Abiodun Saheed Omodara January 26, 2025 0

Edo State has reported 56 cases of Lassa Fever and eight fatalities from December 30, 2024, to Janua...


Olamide teases fans with new project announcement, After Idan Buruku
BY Abiodun Saheed Omodara January 25, 2025 0

After thrilling fans with "Idan Buruku," an electrifying freestyle that takes listeners back in time...


More Articles

Load more...

Menu