Chris Allen, consultant, lecturer and researcher in organised crime, digs into the rogue state… and offers some advice on mitigating your North Korean risk
If a nation state were ever to turn to organised crime as a revenue raising tactic, the world’s most secretive dictatorship is perfectly positioned to do so. This is what’s happened in Kim Jong-Un’s North Korea.
According to a US Army report on the country’s military capabilities, published online last month, North Korean hackers – backed by the Government – have plundered banks across the globe to support a regime on the brink of bankruptcy thanks to UN sanctions.
Precise calculations are not straightforward, but the report estimates that North Korea relies on criminal activity for up to 15% of its income, with cyber attacks driving a significant portion.
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