U.S.-ROK Joint Symposium on Countering DPRK Cyber Threats to Cryptocurrency Exchanges – United States Department of State – Department of State




Official websites use .gov
Secure .gov websites use HTTPS
Policy Issues
Countries & Areas
Bureaus & Offices
About
Mission
History
Administrative
Leadership
Directories
Media Note
Office of the Spokesperson
November 17, 2022
Today, the United States and the Republic of Korea convened a symposium in Seoul, Republic of Korea (ROK) to discuss steps partner governments and private sector stakeholders can take to defend against the Democratic People’s Republic of Korea’s (DPRK) malicious cyber operations that steal funds from cryptocurrency exchanges and other virtual asset service providers to support its unlawful weapons of mass destruction programs.
To date, the DPRK has stolen hundreds of millions of dollars in cryptocurrencies, including the equivalent of $620 million in cryptocurrencies from a virtual asset service provider in March 2022. The United States and the ROK remain committed to working with governments, financial institutions, virtual asset service providers, and other private industry actors to disrupt DPRK cyber threats and fully implement UN Security Council resolutions pertaining to the DPRK.
Hundreds of participants from over a dozen countries participated in the symposium that featured presentations by representatives from the U.S. Departments of State and the Treasury, the U.S. Federal Bureau of Investigation, the ROK Ministry of Foreign Affairs and the National Police Agency, the UN Security Council’s DPRK Panel of Experts, international research institutions, and leading virtual asset service industry stakeholders. The presentations focused on topics such as types of DPRK cryptocurrency malware, UN Security Council resolutions on the DPRK, known DPRK cryptocurrency laundering techniques, and cybersecurity best practices. Participants further discussed mechanisms to enhance cooperation between the private sector and governments to effectively prevent and respond to DPRK cyber operations.
The United States is committed to disrupting illicit DPRK revenue generation activities worldwide, including its cyber operations, which support the DPRK’s unlawful weapons of mass destruction programs, may facilitate criminal activity, and threaten international peace and security and the global nonproliferation regime. The full implementation of DPRK-related UN Security Council resolutions by all countries is crucial to a successful diplomatic outcome.

Tags
Read more
Read more
Read more

source


CyberTelugu

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top

Adblock Detected

Please consider supporting us by disabling your ad blocker

Refresh Page