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Half of North Korean missile program funded by cyberattacks and crypto theft, White House says

Posted on May 11, 2023 by Dissent

Sean Lyngaas reports:

About half of North Korea’s missile program has been funded by cyberattacks and cryptocurrency theft, a White House official said Tuesday.

A sweeping US federal government effort is ongoing to understand how “a country like [North Korea] is so darn creative in this space,” Anne Neuberger, deputy national security adviser for cyber and emerging technology, said at an event hosted by the nonprofit Special Competitive Studies Project.

US intelligence agencies are working to identify North Korean operatives and the Treasury is tracing stolen cryptocurrency, Neuberger said, adding that the Biden administration is “putting a lot of time and thought” into the problem.

Read more at CNN.

Category: Commentaries and AnalysesOf NoteUncategorized

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