North Korea-Linked Hackers Steal Record $2B in Crypto in 2025
North Korea-linked hackers have made headlines again, this time stealing over $2 billion in cryptocurrency in 2025. This staggering figure surpasses previous records and highlights the increasing threat posed by these cybercriminals.
The majority of these attacks were carried out through social engineering, targeting people directly rather than exploiting software vulnerabilities. This shift in tactics has proven effective, with over 30 separate cyberattacks targeting crypto exchanges and individual investors this year alone.
The stolen funds represent a significant increase from previous years. In 2022, hackers managed to steal around $1.35 billion, but the new estimate for 2025 more than doubles that amount. Since 2017, North Korea has reportedly amassed at least $6 billion through cryptocurrency thefts.
While specific exchanges affected in the 2025 hacks are not identified, it's clear that North Korea's operations have focused on cryptocurrency exchanges and high-net-worth individuals. Many additional thefts likely remain unreported due to insufficient evidence.
The record-breaking $2 billion stolen in 2025 underscores the urgent need for enhanced security measures within the cryptocurrency industry. As North Korean hackers continue to evolve their tactics, it is crucial for exchanges and investors to stay vigilant and adapt their defenses accordingly.
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