Baroness Chapman of Darlington, the Foreign, Commonwealth and Development Office, has provided the following answer to your written parliamentary question (HL5065):
Question by Lord Alton of Liverpool:
To ask His Majesty’s Government what assessment they have made of reports that North Korean cybercriminals have been linked to the largest-ever cryptocurrency heist from the cryptocurrency firm Bybit; and what steps they are taking with international partners in response. (HL5065)
Tabled on: 24 February 2025
Answer:
Baroness Chapman of Darlington:
The UK Government is aware of reporting relating to the recent cyber activity linked to the DPRK, involving the cryptocurrency exchange ByBit. The UK works with the international community to deter and respond to DPRK cyber-attacks. This includes engagement with a range of international and industry partners to provide technical assistance to combat DPRK’s ongoing efforts to fund their regime.
Date and time of answer: 11 Mar 2025 at 12:15.
===
Baroness Chapman of Darlington, the Foreign, Commonwealth and Development Office, has provided the following answer to your written parliamentary question (HL5068):
Question by Lord Alton of Liverpool:
To ask His Majesty’s Government how much cryptocurrency they estimate has been stolen from the UK by North Korean operatives; and what assessment they have made of the link between such thefts and North Korean arms production. (HL5068)
Tabled on: 24 February 2025
Answer:
Baroness Chapman of Darlington:
The UK has not yet made an assessment about the level of loss of cryptocurrency by UK citizens to DPRK. We are aware of claims that North Korean hackers have employed offensive cyber activity to fund the Democratic People’s Republic of Korea’s (DPRK) banned weapons programmes according to open source reporting.
Date and time of answer: 11 Mar 2025 at 12:12.
====
