WazirX hack and $235 million loss attributed to North Korea

The WazirX cyberattack of July 2024 that led to the nonaccomplishment of much than $230 million tin beryllium attributed to North Korea, according to a associated statement, released connected January 14, by the U.S., Japan, and South Korea.

The 3 countries highlighted the hazard of North Korean cybercriminals, who exploit users and enterprises for money. These hackers would besides evade sanctions portion processing weapons of wide demolition and ballistic rocket programmes.

“In 2024 alone, our governments person individually and jointly attributed aggregate thefts, denominated successful virtual plus worth successful U.S. dollars, to the DPRK [North Korea],” the countries said successful a statement, including the loses incurred to platforms similar DMM Bitcoin, Upbit, and Rain Management for $308 million, $50 million, and $16.13 cardinal respectively.