{"id":10113,"date":"2024-01-25T10:30:51","date_gmt":"2024-01-25T08:30:51","guid":{"rendered":"https:\/\/forklog.com\/en\/north-korean-hackers-crypto-heists-yield-lower-profits\/"},"modified":"2024-01-25T10:30:51","modified_gmt":"2024-01-25T08:30:51","slug":"north-korean-hackers-crypto-heists-yield-lower-profits","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/north-korean-hackers-crypto-heists-yield-lower-profits\/","title":{"rendered":"North Korean Hackers&#8217; Crypto Heists Yield Lower Profits"},"content":{"rendered":"<p>In 2023, North Korean hackers stole approximately $1 billion in cryptocurrencies through 20 breaches, compared to $1.7 billion from 15 cyber incidents in 2022, according to <a href=\"https:\/\/www.chainalysis.com\/blog\/crypto-hacking-stolen-funds-2024\/\">Chainalysis<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">In 2023, we estimate that the total amount of crypto stolen by North Korea-affiliated hackers is slightly over $1 billion, and the number of hacks rose to 20. <a href=\"https:\/\/t.co\/HoeIPIuPA7\">pic.twitter.com\/HoeIPIuPA7<\/a><\/p>\n<p>\u2014 Chainalysis (@chainalysis) <a href=\"https:\/\/twitter.com\/chainalysis\/status\/1750156788584886587?ref_src=twsrc%5Etfw\">January 24, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The hackers&#8217; revenues declined despite diversifying their targets. Due to improved security in DeFi protocols, they shifted focus to centralized services and wallets.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"632\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/6f768f9f-665e-4454-b3ad-51870203947f-1024x632.webp\" alt=\"6f768f9f-665e-4454-b3ad-51870203947f\" class=\"wp-image-224643\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/6f768f9f-665e-4454-b3ad-51870203947f-1024x632.webp 1024w, https:\/\/forklog.com\/wp-content\/uploads\/6f768f9f-665e-4454-b3ad-51870203947f-300x185.webp 300w, https:\/\/forklog.com\/wp-content\/uploads\/6f768f9f-665e-4454-b3ad-51870203947f-768x474.webp 768w, https:\/\/forklog.com\/wp-content\/uploads\/6f768f9f-665e-4454-b3ad-51870203947f-1536x948.webp 1536w, https:\/\/forklog.com\/wp-content\/uploads\/6f768f9f-665e-4454-b3ad-51870203947f.webp 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Types of crypto services targeted by North Korean hackers. Source: Chainalysis.<\/figcaption><\/figure>\n<p>Chainalysis noted that in 2023, North Korean hackers favored &#8220;old&#8221; hacking tactics such as phishing and social engineering. <\/p>\n<p>Analysts observed that cybercriminals are spending more time within targeted networks, highlighting the need for enhanced network monitoring and security for cryptocurrency projects.<\/p>\n<p>According to a report by TRM Labs, in 2023, North Korean hackers stole <a href=\"https:\/\/forklog.com\/en\/news\/north-korean-hackers-stole-600-million-in-2023\">at least $600 million<\/a> and were responsible for nearly a third of cyber incidents.<\/p>\n<p>Earlier, Chainalysis reported a <a href=\"https:\/\/forklog.com\/en\/news\/chainalysis-reports-decline-in-illicit-crypto-revenues-for-2023\">decline in illicit revenues<\/a> in the crypto market last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2023, North Korean hackers stole approximately $1 billion in cryptocurrencies through 20 breaches, compared to $1.7 billion from 15 cyber incidents in 2022, according to Chainalysis. In 2023, we estimate that the total amount of crypto stolen by North Korea-affiliated hackers is slightly over $1 billion, and the number of hacks rose to 20. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[274,44,1202,167],"class_list":["post-10113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainalysis","tag-cybercrime","tag-north-korea-dprk","tag-research"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/10113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=10113"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/10113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/10112"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=10113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=10113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=10113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}