US, South Korea, Japan express concern over North Korea's 'malicious' cyber activities

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US, South Korea, Japan express concern over North Korea's 'malicious' cyber activities
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Crypto currency funds stolen by North Korean hackers have been a key source for financing the sanctions-stricken country's weapons programmes, they say in a joint statement.

SEOUL, South Korea – The United States, South Korea and Japan expressed deep concern over North Korea’s “malicious” cyber activities to support its weapons programs, in comments released in a joint statement on Friday, April 7.

Cryptocurrency funds stolen by North Korean hackers have been a key source for financing the sanctions-stricken country’s weapons programs, officials and experts in the U.S. and its allies said. “We reiterate with concern that overseas DPRK IT workers continue using forged identities and nationalities” to evade UN sanctions and raise funds for missile programs, according to the statement, using the acronym for North Korea’s official name.

“We are also deeply concerned about how the DPRK supports these programmes by stealing and laundering funds as well as gathering information through malicious cyber activities,” the statement said. South Korea’s nuclear envoy held talks with his US and Japanese counterparts in Seoul this week and condemned North Korea’s weapons tests.

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