North Korea uses cyberattack earnings to advance nuclear and missile development, U.N. panel reports
CBSN
A confidential U.N. report says that North Korea's cyberattacks, "particularly on cryptocurrency assets, remain an important revenue source" for the government of Kim Jong Un.
The new report, submitted to the U.N. sanctions committee and obtained in part by CBS News, is an annual accounting by independent monitors known as the "1718" Committee — named for the U.N. resolution that has imposed biting sanctions on North Korea since 2006. The report relies on its own often on-site investigations as well as open-sourced information and intelligence from member states of the United Nations
In past reports, the U.N. expert panel has described "elaborate subterfuge" that the government of North Korea uses to evade U.N. sanctions and earn billions of dollars. The excerpt of this year's report seen by CBS News said that "sophisticated maritime sanctions evasion continued, facilitated by deliberately obfuscated financial and ownership networks."
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