Japan leads world in losses from North Korean crypto hacking with 30% of total: Report By Cointelegraph

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© Reuters.

Japan is the biggest loser of cryptocurrency to North Korean hackers, according to a study by blockchain analytics firm Elliptic. Asian countries make up three of the four top targets for the so-called Hermit Kingdom’s hackers, Elliptic found.

The study, commissioned and reported on by Japanese financial publication , looked at losses of cryptocurrency from cyberattacks originating in North Korea from 2017 through 2022. The study took into account both hacking and ransomware attacks. It described the attacks as a “national strategy.”