Internet Surges 300% In North Korea Over The Past 3 Years

By XcelToken on The CapitalNorth Korea’s internet use saw a 300% surge over the past three years, as the country’s regime has continued to rely on cryptocurrencies for various activities.Titled “How North Korea Revolutionized the Internet as a Tool for Rogue Regimes,” the study was released on Feb. 9 by Insikt Group, an intelligence arm of the United States-based cybersecurity firm Recorded Future. The report analyzed North Korean senior leadership’s internet activity between Jan. 1, 2019 and Nov. 1, 2019.According to the study, North Korea has continued to exploit cryptocurrencies as a strategic weapon, with the country’s political and military elite being reportedly involved in massive hacks of South Korean crypto exchanges, scams, cryptojacking, and crypto mining.Along with illicit banking processes and low-level information technology work and financial crime, the generation and theft of cryptocurrencies have become a major tool to create revenue and circumvent international sanctions and regulations, the study says.Internet Surges 300% In North Korea Over The Past 3 Years was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Author: XcelToken