hacker g954e10849 1280 Cyber attacks on crypto firms will increase, whats ahead?

Cyber attacks on crypto firms will increase, whats ahead?

– North Korea is a notable region with increased activity in cryptocurrency cybercrimes and attacks.

– Many groups are posing high threats through their attack on some crypto protocols.

– A report in June disclosed that North Korea has 7 million active hackers.

– Many stolen funds running into millions of dollars have been traced back to the North Korean attacks.

– North Korea is notably struggling with some economic sanctions that have drastically limited most economic activities.

– However, the drop in resources in the country seems to create a spike in criminal activities.

– Over time, there has been a significant increase and sophistication in cyber-attacks on cryptocurrency and tech companies.

– Cyber-attack groups in the country are gradually trapping more innovative measures for implementing their actions successfully.

– North Korea is linked to massive losses of funds, such as the Axie Infinity hack of $620 million and the Harmony protocol hack of $100 million.

– Soo Kim, a former CIA analyst, stated that the North Korean regime is evolving with the trend.

 

 

hacker g954e10849 1280 Cyber attacks on crypto firms will increase, whats ahead?
Cyber attacks on crypto firms will increase, whats ahead? 3

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