North Korean hackers stole at least $600 million worth of cryptocurrency in 2023. North Korea-linked threat actors were responsible for almost a third of the funds stolen from crypto attacks last year, TRM Labs said last week.
However, this amount is down 30% from the $850 million figure in 2022. It was also noted that attacks carried out by North Korean hackers were on average ten times more damaging than attacks not linked to North Korea. There are signs that this figure could rise to around $700 million in additional infiltrations into the crypto sector towards the end of the year.
