North Korean Hackers Breaking All Records With Crypto Heist in 2022

The world of cybersecurity is always advancing, and unfortunately, the same goes for hackers. In a recently released report by the UN, North Korean hackers have now made a record for the most cryptocurrency stolen in 2022.

This news comes to no surprise to anyone, as North Korea has long been a target of cyberattacks, with cryptocurrencies being the latest target. It seems like no matter what kind of security measures you put in place, the North Korean hackers always seem to find a way to get around it.

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What Did They Steal? And How Did They Do It?

The UN report states that the North Korean hackers stole an estimated $2.3 billion worth of cryptocurrency in 2022, with various methods used to obtain the loot. It is believed that the hackers targeted high-value wallets and exchanges, with an emphasis on password cracking.

It was also found that the hackers used phishing and ransomware attacks to gain access to cryptocurrency wallets, as well as exploiting known software flaws in various pieces of software. The sheer number of attacks and their sophistication is what allowed the North Koreans to accumulate such a large amount of cryptocurrency.

How Can You Defend Your Crypto?

The news of these record-breaking thefts are worrying, however it doesn’t mean you should give up on cryptocurrency altogether. There are many measures you can take to ensure your cryptocurrency is safe and secure.

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Here are some tips that should help you succeed:

1. Use a Strong Password: This is obvious but still worth mentioning, as this is the first line of defense against hackers. Make sure your passwords are hard to guess and not easily obtainable.

2. Use a 2-Factor Authentication: This adds an extra layer of security to your accounts, which makes it much more difficult for hackers to gain access.

3. Use a Hardware Wallet: As hardware wallets are kept offline, they are much harder to target than software wallets. This makes them essential for storing large amounts of cryptocurrency and offers additional security.

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4. Stay Up to Date: Regularly updating your software ensures any security flaws that could be exploited by hackers are patched quickly.

Conclusion

The recent news of the North Korean hackers’ record-breaking cryptocurrency theft is worrying and a reminder that cyber security is an ever-evolving battlefield. But with the right measures in place, you can rest assured your cryptocurrency is safe and secure.

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