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Hackers tied to North Korea diversify strategies for cryptocurrency theft

Hackers associated with North Korea are attempting to expand the list of targets for their crimes to compensate for the decline in the value of cryptocurrencies and diversify their sources of income, writes Yonhap. According to the report by Kim Bomi, a researcher at the Institute for National Security Strategy, North Korea stole approximately $340 million in cryptocurrency during the first nine months of 2023. This accounts for 29.6% of the total global damage from cryptocurrency thefts. Kim attributed this to the sharp decline in the value of cryptocurrencies amid interest rate hikes in the …