G7 to meet the North Korean encryption theft at the Canada Summit
The leaders of the Seven Group are preparing to process the escalating electronic attacks of North Korea and steal the cryptocurrency at their upcoming summit in Alberta, Canada, scheduled in mid -June.
this Move It comes in the midst of growth Global concerns On the use of Pyongyang for Internet Crime to finance weapons software.
While wars in Ukraine and Gaza are expected to dominate North Korea’s activities on the agenda.
According to the sources that have been informed of the matter, the leaders are planning to discuss a coordinated response to increase the cybersecurity of Pyongyang. This can include strengthening international cybersecurity frameworks, prohibiting the digital assets associated with North Korea, and cutting coding platforms that wash money with harsh penalties.
G7 wants to point out that the global community will not accept this electronic aggression. Canada will seek more solid alliances and intelligence participation agreements as a host to combat crimes that support the Internet.
G7 leaders are a warning to North Korea’s electronic markets
North Korea returned on the international stage. This time, the missiles are not launched, but something more surreptitious-e-dollar electronic attacks.
In February 2025, the Internet criminals with North Korea stole about $ 1.5 billion in BYBIT, which is a large digital currency in Dubai. The FBI said that the infiltrators were part of the notorious Lazarus group, a state -sponsored piracy organization believed to be responsible for 2014 Sony attack.
The group quickly converted elementary funds to Bitcoin and spread it into thousands of Blockchain portfolios for money laundering.
This was not one time. North Korea’s infiltrators were behind 47 major attacks during 2024, and a total of $ 1.34 billion of cryptocurrency was stolen, up from $ 661 million in 2023, according to data from Blocchain Analysis.
However, experts said that the money is not included in special pockets, but instead it is used to finance the arms programs punishable by the regime. North Korea uses digital funds to overcome international sanctions, allowing it to continue to build nuclear and missile technology.
These thefts grew in size and complexity and disturbed the world powers. North Korea is now a major player in electronic crimes.
North Korea’s activists infiltrate global technology jobs to finance arms programs secretly
North Cyber attack does not stop at piracy. The country has built a quieter weapon – its global workforce.
Thousands of North Koreans are said to be fading technology working remotely from countries such as China and Russia, which is presented as developers of independent programs. Using false identities, they apply for jobs, provide good payment positions, and earn thousands of dollars. Then these profits are modified to support the North Korean system, according to reports.
In a recent case earlier this year, Crypto ExchandE Kaken discovered one advanced operation from one man in which a North Korean ports asked for software engineering role under multiple wrong characters. This person had woven a complex network of wrong biography and online identification files to throw technology companies around the world.
The US Department of Justice said that information technology workers use advanced techniques to hide their identities. They rely on email accounts, nicknames, fake web sites, agent servers, and even unwanted incisors in the United States and other places.
In a statement issued in January, the Ministry of Justice said that these workers can earn up to $ 300,000 a year. When their numbers reach tens of thousands, the income becomes an important revenue for North Korea. He added that the revenues usually go directly to the country’s Ministry of Defense and other entities participating in weapons programs.
In revenge, the United States and its allies have emphasized employment practices about technology and encryption industries, and to encourage companies to conduct more comprehensive checks to determine workers remotely.
Cryptopolitan Academy: Do you want to develop your money in 2025? Learn how to do this with Defi on our next electronic performance. Keep your place