North Korean hackers stole $400m using fake calls: FBI

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North Korea’s state-backed hackers stole more than $400 million using a “highly effective social engineering scheme” involving identity theft and AI-powered fake video calls, the…

North Korea’s state-backed hackers stole more than $400 million using a “highly effective social engineering scheme” involving identity theft and AI-powered fake video calls, the FBI said on Thursday.

The FBI this month accused hackers affiliated with North Korea of the theft of $6 billion from cryptocurrency platform Binance, a charge Pyongyang denies.

“The North Korean regime relies on proceeds from large-scale cryptocurrency theft to fund its illicit weapons program, stealing billions of dollars in recent years,” said FBI Cyber Branch Operations Director Brett Leatherman.

The FBI said that, separate from the Binance hack, North Koreans have “aggressively (targeted) individuals in the cryptocurrency and Web3 sectors through deceptive social engineering tactics.”

The scheme has led to the theft of more than $400 million in the last 18 months.

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