By Tom WilsonLONDON (Reuters) - North Korean hackers are sharing money-laundering and underground banking networks with fraudsters and drug traffickers in Southeast Asia, according to a United Nations report published on Monday, with casinos and crypto exchanges emerging as key venues for organised crime.
Funds stolen by North Korean hackers are a key source of funding for Pyongyang and its weapons programmes.
The junket sector has been infiltrated by organised crime for "industrial-scale money laundering and underground banking operations," with links to drug trafficking and cyberfraud, the report said.
The proliferation of casinos and crypto have "supercharged" organised crime groups in Southeast Asia, UNODC Regional Representative for Southeast Asia and the Pacific Jeremy Douglas told Reuters.
"It's no surprise sophisticated threat actors would look to leverage the same underground banking systems and service providers," he said.
Persons:
Tom Wilson LONDON, Lazarus, Pacific Jeremy Douglas, Tom Wilson, Tommy Reggiori Wilkes, Angus MacSwan
Organizations:
United, United Nations Office, Drugs, Korea's, United Nations, North, Casinos, Bangladesh's Central Bank, Lazarus, UNODC Regional Representative, Southeast, Pacific, Reuters
Locations:
Southeast Asia, United Nations, Myanmar, Thailand, Laos, Cambodia, North, Geneva, United States, Pyongyang, Philippines