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That Asian meal you eat on holidays could launder money for North Korea

ID: 03a6bd23-4359-5a70-bfed-490ed319fb68

STIX ID: report--03a6bd23-4359-5a70-bfed-490ed319fb68

Feed Name: The Register (Security)

Threat Score
85/100

Date Published: 2024-03-25

Date Updated: 2026-04-26

Author: Simon Sharwood

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The United Nations Panel of Experts' annual report details extensive DPRK sanctions-evasion operations — including restaurants used to launder roughly $700M annually and coordinated cyber-enabled thefts targeting cryptocurrency firms — reporting 58 suspected crypto-related attacks from 2017–2023 valued at about $3 billion (with $750M attributed to 2023). The Panel urges stronger cyber hygiene (MFA, zero-trust), AML/KYC across crypto platforms, and improved international threat information sharing to disrupt these nation-state funded illicit finance activities.

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