CyberNews Briefs

North Korea Denies Making $2bn from Cyber-Attacks

North Korea has denied a recent United Nations report stating that the country has used “widespread and increasingly sophisticated” cyberattacks to steal around $2 billion from financial institutions and cryptocurrency exchanges. According to the UN, Pyongyang has used these funds to pursue the development of weapons of mass destruction (WMDs).

However, North Korean state media on Sunday quoted a government spokesperson as saying that the report was filled with “ill-hearted rumors” that were being spread by “the United States and other hostile forces.” The spokesperson also compared the report to Nazi and fascist propaganda.

Read more: North Korea Denies Making $2bn from Cyber-Attacks

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