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Recent reports by Reuters, drawing from unpublished UN documents, reveal that an independent sanction committee is overseeing the probe into these DPRK-linked hacking groups.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
38 dead in Azerbaijan Airlines plane crash on Christmas Day celebration
BY Benedicta Bassey December 26, 2024 0

No fewer than thirty-eight people reported lost their lives following the Azerbaijan Airlines plane...

READ ALSO
Trump promises end to ‘transgender lunacy’
BY Benedicta Bassey December 23, 2024 0

UNITED STATES — President-elect Donald Trump has pledged to “stop the transgender l...

READ ALSO
Seven feared dead in Western Mexico plane crash
BY Benedicta Bassey December 23, 2024 0

JALISCO, Western Mexico — At least seven people died when a light aircraft crashed on Sun...

READ ALSO
Trump addresses speculations about Musk presidency
BY Abiodun Saheed Omodara December 23, 2024 0

United State - The U.S. President-elect Donald Trump has played down the notion that he will transfe...

READ ALSO
Amazon Workers Strike Nationwide, Demand Better Pay and Benefits Amid Arrests
BY Benedicta Bassey December 20, 2024 0

UNITED STATES —  Over a hundred workers of Amazon workers on Friday embarked on a histori...

READ ALSO
ECOWAS advocate stakeholders’ collaboration on subregional tourism
BY Abiodun Saheed Omodara December 20, 2024 0

ABUJA, Nigeria- The Economic Community of West African States has solicited the collaboration of sta...

READ ALSO
Veteran Broadcaster Jones debunks claim of sexual abuse allegation
BY Benedicta Bassey December 18, 2024 0

AUSTRALIA — Australian veteran broadcaster, Alan Jones has pleaded not guilty to 34 count char...

READ ALSO
Bomb explosion kills Russia's Nuclear General
BY Benedicta Bassey December 17, 2024 0

MOSCOW, Russia - A senior Russian general, Lieutenant General Igor Kirillov, was reportedly killed o...

OUR CHANNELS:

Osun advocate railway service extension to enhance economic productivity
BY Benedicta Bassey December 27, 2024 0

OSUN STATE, Nigeria —The Osun State government has called on the Nigerian Railway Corporation...


38 dead in Azerbaijan Airlines plane crash on Christmas Day celebration
BY Benedicta Bassey December 26, 2024 0

No fewer than thirty-eight people reported lost their lives following the Azerbaijan Airlines plane...


Taiwanese Politician Ko Wen-je indicted for corruption faces jail term
BY Benedicta Bassey December 26, 2024 0

TAIPEI  —  Ko Wen-je, a former Taipei mayor and presidential contender, was indicted...


Valencia employs West Brom’s manager after sacking Ruben Baraja
BY Abiodun Saheed Omodara December 26, 2024 0

Spanish football club giant, Valencia, has appointed the English championship team, West Bromwich Al...


Website Hack: NBS budgets N35m for cybersecurity training
BY Abiodun Saheed Omodara December 26, 2024 0

The National Bureau of Statistics has earmarked N35m in its 2025 budget proposal for “Capacity...


Tinubu, Ogun leaders champion tech innovation
BY Abiodun Saheed Omodara December 26, 2024 0

The City Boy Movement, Ogun State Chapter, awarded N14m to winners of its technology grant initiativ...


CBN disqualifies 41.65m Access Holdings shares
BY Abiodun Saheed Omodara December 26, 2024 0

The Central Bank of Nigeria has disqualified 41.65 million shares worth N822.60m in Access Holdings...


W’Bank removes loan fees for vulnerable nations
BY Abiodun Saheed Omodara December 26, 2024 0

The World Bank has announced the removal of several loan fees to make borrowing more affordable for...


2025 Budget : Gombe set 10% for debt servicing
BY Abiodun Saheed Omodara December 25, 2024 0

The Gombe State Commissioner for Finance and Economic Development, Gambo Magaji, on Tuesday, reveale...


Tinubu's media chat reveals APC's insensitivity to Nigerians – PDP
BY Abiodun Saheed Omodara December 25, 2024 0

The People’s Democratic Party (PDP), has reacted to President Bola Tinubu’s maiden media...


More Articles

Load more...

Menu