Press Enter to search · ESC to close

Crypto Regulation

North Korea recruits hackers from age 11, pays up to 30% of stolen proceeds: Reuters

North Korea has run a hacker-training system for over a decade, selecting about 150 to 200 students aged 11 or 12 each year for computer science study, with only a few reaching the military’s cyber unit, Reuters reported. Defectors said the hackers’ military unit can receive up to 30% of stolen proceeds in US dollars, and top hackers get Pyongyang housing and large foreign-currency rewards. South Korea’s National Intelligence Service estimated in 2024 that North Korea has about 8,400 cyber warfare personnel.

Original source

AI take

The detail that stands out is the incentive structure: a cut of stolen proceeds in hard currency, plus Pyongyang housing and foreign-currency rewards for top performers. That turns state-sponsored cybercrime into a career ladder with material payoffs, which helps explain the scale South Korea's NIS attributes to the program. For crypto and RWA markets, the relevance is the laundering pipeline such personnel feed into, not the training itself. Whether attribution and sanctions efforts can keep pace with a pipeline this institutionalized is the open question.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback