Cyberattacks on cryptocurrency assets remain a key source of funding for North Korea’s growing nuclear and ballistic missile programmes, warns a new UN report.
Experts said there was “a marked acceleration” of Pyongyang’s testing and demonstration of new short-range and possibly medium-range missiles through January, adding that the country’s capability to produce nuclear fissile materials violated UN Security Council resolutions.
The report, submitted on Friday to the UN Security Council North Korea sanctions committee, said cyberattacks, “particularly on cryptocurrency assets”, played a major role in financing its missile programmes.
The attacks allow North Korea to continue seeking material and technology across the globe, including in Iran, for its weapons.
North Korea, formally known as the Democratic People’s Republic of Korea (DPRK), continues to seek “material, technology and know-how for these programmes overseas, including through cyber means and joint scientific research”, the expert panel cautioned.
“New technologies tested included a possible…
