An analysis of crypto heists linked to North Korea reveals private key exploits yield the best results for the regime.
More than 70% of the crypto lost to North Korea-linked hacks since 2020 was stolen via private key exploits, according to Magazines analysis of data from the United Nations Security Council (UNSC) and DeFiLlama.
The combined figures suggest North Korea was responsible for about $2.4 billion of crypto heists since 2020, of which $1.69 billion was stolen due to compromised private keys.
These cybercrimes are often attributed to the Lazarus Group a notorious hacking syndicate allegedly backed by the North Korean state and allegedly support the hermit kingdoms weapons of mass destruction program.
