UN Report: North Korea Cyber Experts Raised up to $2 Billion

UN Report: North Korea Cyber Experts Raised up to $2 Billion
The flag of North Korea is seen in Geneva, Switzerland, on June 20, 2017. Pierre Albouy/Reuters
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UNITED NATIONS—A panel monitoring U.N. sanctions says North Korean cyber experts have illegally raised money for the country’s weapons of mass destruction programs “with total proceeds to date estimated at up to $2 billion.”

The experts said in a new report to the Security Council that North Korea is using cyberspace “to launch increasingly sophisticated attacks to steal funds from financial institutions and cryptocurrency exchanges to generate income” in violation of sanctions.