G7 summit could discuss North Korea’s crypto hacks: Report

Group of Seven (G7) leaders could discuss North Korea’s escalating cyberattacks and crypto thefts at an upcoming summit in Canada, mid-next month. Conflicts in Ukraine and Gaza will dominate discussions, but North Korea’s increasing cyber threats and crypto hacks have become a major concern requiring a coordinated international response, Bloomberg reported on May 7, citing people familiar with the plans. The people said North Korea’s nefarious cyber operations are alarming, as the stolen crypto has become a key funding source for the regime and its programs.  North Korean-affiliated hacking groups such as the Lazarus Group have already stolen billions of dollars worth of crypto this year, including pulling off the $1 source: https://cointelegraph.com/news/g7-summit-could-discuss-north-korea-crypto-hacks-bloomberg?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound