North Korea continues to hack computers to mine cryptocurrency

North Korea is hacking computers to mine cryptocurrency to bring extra cash into the country, according to South Korea’s intelligence service. North Korean hackers also continue to hack computers in South Korea and abroad to steal confidential information, the state intelligence agency said in a parliamentary audit, Yonhap News reported.

A U.S. cybersecurity firm revealed in January that it found computers installed with malware, suspected to have been implanted by North Korean hackers, to mine for cryptocurrency Monero and send it to Kim Il Sung University in Pyongyang, according to Chosun Ilbo. Cryptocurrency has emerged as an alternative source of money for the cash-strapped North Korean regime amid tightening international sanctions.

Read more about the North Korean cryptojacking campaigns on UPI.