A cryptocurrency security breach reportedly involving billions of dollars has raised fresh concerns about North Korea’s growing cyberwarfare capabilities and the ability of American businesses to protect themselves against foreign adversaries.
According to blockchain intelligence firm TRM Labs, hackers suspected of working for the North Korean government allegedly siphoned approximately $6.36 billion from cryptocurrency exchange Binance on October 29.
The most alarming detail? Investigators believe much of the money was transferred in approximately 20 minutes.
