US, Japan, S Korea step up efforts to counter North Korea cyber-threats

Dec 10, 2023

Seoul [South Korea], December 10: The United States, South Korea and Japan have agreed on new efforts to respond to North Korea's threats in cyberspace, according to national security advisers from the three countries meeting in Seoul.
The allies "launched new trilateral initiatives to counter the threats posed by the DPRK, from its cybercrime and cryptocurrency money laundering to its reckless space and ballistic missile tests," White House National Security Advisor Jake Sullivan told reporters on Saturday, referring to North Korea by its official name, the Democratic People's Republic of Korea.
"This will be a new effort with respect to cryptocurrency and money laundering and how we disrupt North Korea's capacity to gain revenue from the hacking and stealing of cryptocurrency and then laundering it through exchanges," he said at a joint news conference with his Asian counterparts.
Sullivan said the meeting followed up on commitments made at a trilateral summit hosted by President Joe Biden in August, where leaders pledged to deepen security and economic cooperation.
At the time, the three countries expressed deep concern over what they described as North Korea's "malicious" cyber-activities in support of its banned weapons programmes.
Cryptocurrency funds stolen by North Korean hackers have been a key source of funding for the country's weapons programmes, according to the United Nations, with such theft reaching a record last year. Pyongyang has denied allegations of hacking or other cyberattacks.
Takeo Akiba, Japan's national security secretariat secretary general, said that North Korea's "illicit cyber activities" had emerged as the most recent challenges, calling them "a source of funds" for the isolated state's nuclear missile development.
The meeting in Seoul on Friday and Saturday came as tensions on the Korean peninsula are at their highest in years, with North Korean leader Kim Jong Un accelerating the expansion of his nuclear and missile programme and flaunting an escalatory nuclear doctrine that authorises the preemptive use of nuclear weapons.
Source: Qatar Tribune

More news

CoinEx Offers 50 per cent Discount on Buying ETH for the 2nd Brand Day and Presents a New Feature "CoinEx Dibs"

New Delhi [India], February 22: CoinEx, a leading global cryptocurrency exchange, today announced an exclusive 50% discount on ETH purchases for CoinEx VIPs in honor of its monthly Brand Day on February 24. This limited-time offer caps off the launch of CoinEx's new product, CoinEx Dibs, marking the exchange's latest move to enhance its service offerings. CoinEx has been focusing on user needs and market trends, continuously optimizing product features, and continuously improving brand value.

Feb 22, 2024