N Korea 'stole money for weapons' in cyber attacks

A leaked report from the United Nations Security Council has revealed North Korea has used cyber attacks to steal $2 billion (£1.6 billion) to fund its weapons programme.

The document said Pyongyang launched "increasingly sophisticated attacks to steal funds from financial institutions and crypto-currency exchanges", allowing it to generate income in ways that are difficult to trace by governments and regulators.

At least 35 incidents involving 17 countries whose financial institutions and cryptocurrency exchanges were attacked are currently under investigation by the UN, the report said.

This follows another report by the think tank 38 North, which recently warned that the North Korean government's cyber capabilities should not be underestimated.

Members of the UN have now called on the organisation to take action against North Korea in order to prevent it using stolen money to appropriate weapons of mass destruction.

Earlier this week, the country launched two ballistic missiles in what leader Kim Jong-un said was a warning against US military exercises in South Korea.

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