The US Army has revealed that North Korea has a number of divisions dedicated to cryptocurrency and related cybercrimes.
A report unveiled by the US Army reveals that North Korea now has more than 6,000 hackers stationed in countries such as Belarus, China, India, Malaysia, Russia, among others.
The operations of four sub divisions are overseen by Bureau 121, the cyber warfare guidance unit of the hermit nation.
The report, named North Korean Tactics, suggests the hackers do not exclusively launch cyberattacks from North Korea itself, as the country lacks the IT infrastructure to deploy the massive campaigns.
Financial crimes division
The “financial crime division” called the Bluenoroff Group has around 1,700 members and is dedicated to crypto crimes “by concentrating on long-term assessment and exploiting enemy network vulnerabilities."
The most famous outfit, the Lazarus Group, has conducted numerous high profile cryptocurrency exchanges hacks and unleashed the WannaCry malware between 2016 and 2017.