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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

NK hackers breached US IT company in bid to steal crypto-sources

GettyImagesA North Korean government-backed hacking group penetrated an American IT management company and used it as a springboard to target cryptocurrency companies, according to two sources familiar with the matter.The hackers broke into Louisville, Colorado-based JumpCloud in late June and used their access to the company's systems to target its cryptocurrency company clients in an effort to steal digital cash, the sources said.The hack shows how North Korean cyber spies, once content with going after crypto companies one at a time, are now tackling companies that can give them access to multiple sources of bitcoin and other digital currencies. JumpCloud, which acknowledged the hack in a blog post last week and blamed it on a "sophisticated nation-state sponsored threat actor," did not respond to Reuters' questions about who was behind the hack and which clients were affected.A JumpCloud spokesperson said fewer than five customers had been impacted. Reuters could not ascertain whether any digital currency was ultimately stolen as a result of the hack.Cybersecurity firm CrowdStrik

Jul 21, 2023
NK hackers breached US IT company in bid to steal crypto-sources

NK warns US nuclear submarine visit to S. Korea may fall under conditions for its nuke use

The USS Kentucky nuclear-armed ballistic missile submarine is docked at the Busan Naval Base, Wednesday. Courtesy of presidential officeNorth Korea's defense chief warned Thursday a U.S. nuclear-capable strategic submarine's port visit to South Korea this week may fall under the legal conditions for his country's use of nuclear weapons.Defense Minister Kang Sun-nam made the remarks, issuing an anticipated criticism of the visit here by the USS Kentucky, an 18,750-ton Ohio-class ballistic missile submarine (SSBN), and the recent inaugural meeting of the Nuclear Consultative Group (NCG) between South Korea and the United States."I remind the U.S. military of the fact that the ever-increasing visibility of the deployment of the strategic nuclear submarine and other strategic assets may fall under the conditions of the use of nuclear weapons specified in DPRK law on nuclear force policy," he said in a press statement carried by the North's official Korean Central News Agency.DPRK stands for the North's official name, the Democratic People's Republic of Korea.Kang pointed out that the Nor

Jul 20, 2023
NK warns US nuclear submarine visit to S. Korea may fall under conditions for its nuke use
  • Seoul threatens end of Kim regime if North launches nuclear attack

NK's trade reliance on China hits 10-year high in 2022

North Korean and Chinese flags fly on Kim Il Sung square in Pyongyang in this June 19, 2019 photo. AFP-YonhapNorth Korea's dependency on China for foreign trade hit its highest level in 2022 since its leader Kim Jong-un took the helm of the reclusive country 10 years earlier, a report showed Thursday.Pyongyang's trade with Beijing came to US$1.53 billion last year, up about 125 percent from the previous year, according to the report from the Korea Trade-Investment Promotion Agency (KOTRA).The amount took up 96.7 percent of North Korea's overall trade, up from 95.6 percent a year earlier.Exports stood at $134 million and imports reached $1.398 billion, with its trade deficit rising to $1.27 billion from a $565 million shortfall.The jump in North Korea's trade with its top trading partner was attributed to softened COVID-19 restrictions and increased railroad trade between the neighbors.Vietnam ranked second with 1 percent, with Argentina, Nigeria and the Netherlands among the other trading nations.The report also showed that North Korea's overall external trade reached $1.59 billion i

Jul 20, 2023
NK's trade reliance on China hits 10-year high in 2022

Beijing 'actively enables' trafficking of North Korean women, girls: rights groups

This April 15, 2019 photo shows a woman wiping tears from her face during an event marking the anniversary of the birth of Kim Il-sung, founder of North Korea, in Pyongyang. AFP-YonhapActivists call on China to fulfill its promise to protect victims ahead of UN reviewBy Jung Min-hoBeijing vowed to take all measures necessary to combat the crime of human trafficking at its second and third cycle of Universal Periodic Reviews (UPR), a U.N. peer-review of the human rights records of all member states, held in 2013 and 2018 respectively.But after a decade of inattention, if not deliberate ignorance on the part of Chinese authorities, North Korean women and girls remain easy targets of human traffickers resulting in them frequently becoming victims of various crimes including sexual extortion.Ahead of China's fourth UPR cycle, expected to be held early next year, human rights groups have called for the country to fulfill its own promise to better protect North Korean escapees. In a joint statement sent to U.N. member states, they also urged governments around the world, including South Ko

Jul 20, 2023By Jung Min-ho
Beijing 'actively enables' trafficking of North Korean women, girls: rights groups

US soldier who defected to NK had been in prison workshop in Seoul: sources

This photo shows a portrait of American soldier Travis King displayed at the home of his grandfather Carl Gates in Kenosha, Wis., U.S., Wednesday. AP-YonhapAn American soldier who recently crossed the inter-Korean border into North Korea had been in a prison workshop for 48 days after failing to pay a court fine for kicking and damaging a police patrol car in Seoul, legal sources said Thursday.Pvt. Travis King, stationed in South Korea, willfully crossed the inter-Korean border into North Korea without authorization during a tour to the Joint Security Area on Tuesday and is believed to be in North Korea's custody, according to the United Nations Command and American defense authorities. American media organizations reported that he had been in the process of being sent back to the United States for disciplinary action in connection with assault charges he faced in South Korea.Legal sources here said Thursday that King, 23, received a 5 million-won ($3,955) fine from a court in Seoul on Feb. 8 on charges of inflicting damage on a police patrol vehicle. King, however, did not pay the f

Jul 20, 2023
US soldier who defected to NK had been in prison workshop in Seoul: sources
  • EXCLUSIVE US soldier who fled to NK skipped flight claiming missing passport: sources
  • NK remains silent to US calls to verify status of soldier in its custody: state dept.
  • Tourist who saw US soldier sprint to NK initially thought it was stunt
  • US soldier's defection sheds light on failure of USFK to manage offenders

NK's threat to cyber security is grave; cutting off illicit funds to weapons program important: US official

Brian Nelson, under secretary of treasury for terrorism and financial intelligence, is seen speaking during a webinar hosted by the Washington-based Center for a New American Security think tank in this July 19 captured image. YonhapThe United States is most concerned about cyber crimes committed by North Korean and Russian actors, a ranking U.S. official said Wednesday.Brian Nelson, under secretary of treasury for terrorism and financial intelligence, also highlighted ongoing U.S. efforts to curb illicit cyber activities by North Korean actors that help fund the country's illegal weapons development programs."Obviously, the two state actors I worry the most about are the DPRK and Russia," Nelson said during a virtual seminar hosted by the Center for a New American Security, a think tank based in Washington, referring to North Korea by its official name, the Democratic People's Republic of Korea."I think ... you see how much they are relying on virtual assets in support of their weapons of mass destruction program. That is a significant, very significant national security concern tha

Jul 20, 2023
NK's threat to cyber security is grave; cutting off illicit funds to weapons program important: US official

NK remains silent to US calls to verify status of soldier in its custody: state dept.

Department of State Press Secretary Matthew Miller is seen answering questions during a daily press briefing at the department in Washington on July 19 in this captured image. YonhapNorth Korea has yet to respond to U.S. outreach regarding the safety and whereabouts of a U.S. service member who crossed the inter-Korean border into the reclusive country this week, a state department spokesperson said Wednesday.The American soldier, identified as Pvt. 2nd Class Travis King, crossed the military demarcation line at the Joint Security Area (JSA) in the Demilitarized Zone on Tuesday (Korea time)."Yesterday, the Pentagon reached out to counterparts in the Korean People's Army," state department spokesperson Matthew Miller said during a daily press briefing, referring to the North Korean military by its official name."My understanding is that those communications have not yet been answered," he added.U.S. officials earlier said that King had "willfully" and "without authorization" crossed the military demarcation line while on a group tour to the JSA.Miller stressed that the U.S. has a "num

Jul 20, 2023
NK remains silent to US calls to verify status of soldier in its custody: state dept.
  • EXCLUSIVE US soldier who fled to NK skipped flight claiming missing passport: sources
  • US soldier who defected to NK had been in prison workshop in Seoul: sources

ANALYSIS What will happen to US soldier held in North Korea?

This July 19, 2022, file photo shows the Joint Security Area of Panmunjeom inside the Demilitarized Zone (DMZ) separating the two Koreas. An American soldier is now believed to be in North Korean custody after “willfully” crossing the inter-Korean border on Tuesday. AP-YonhapPyongyang will likely deport him due to criminal charges: expertsBy Jung Min-hoAn American soldier is now believed to be in North Korean custody after “willfully” crossing the inter-Korean border on Tuesday, creating a new problem that could further complicate Washington's efforts to deal with Pyongyang.Asked about what will happen to Pvt. Travis King, analysts on North Korea and human rights experts said on Wednesday that he is likely to face deportation due to criminal charges pending in the U.S. and the little utility it can expect by holding him.Before crossing the border during his Panmunjeom tour, King was reportedly released on July 10 from a South Korean prison where he had spent two months over assault charges. Further military disciplinary action awaited him in the United States.

Jul 19, 2023By Jung Min-ho
[ANALYSIS] What will happen to US soldier held in North Korea?
  • EXCLUSIVE US soldier who fled to NK skipped flight claiming missing passport: sources

US soldier's border crossing raises prospects for direct engagement between US, N. Korea

South Korean soldiers are on guard at the inter-Korean truce village of Panmunjeom in Paju, Gyeonggi Province, March 3. Yonhap A U.S. soldier's detention in North Korea this week is raising cautious expectations for direct diplomatic reengagement between Washington and Pyongyang as bilateral ties have remained in the freezer amid the recalcitrant regime's dogged pursuit of nuclear armament.The soldier, identified as Pvt. 2nd Class Travis King on rotational duty in Korea, "willfully" crossed the military demarcation line into the North during a tour to the Joint Security Area in the Demilitarized Zone (DMZ) separating the two Koreas on Tuesday, according to U.S. officials.The incident came as tensions have run high due to North Korea's continued weapons tests, including a Hwasong-18 intercontinental ballistic missile launch earlier this month and two short-range ballistic missile launches Wednesday morning.Analysts said the border crossing could create an opening for

Jul 19, 2023
US soldier's border crossing raises prospects for direct engagement between US, N. Korea
  • US service member crosses border to N. Korea without authorization: Austin

A closer look at Panmunjeom, famous border town where US soldier crossed into NK

A United Nations Command soldier, front right, provides a media tour as a South Korean soldier, left, and other UNC soldiers stand guard before the military demarcation line in Paju City, Gyeonggi Province, Oct. 4, 2022. AFP-YonhapLow-slung buildings, blue huts and somber soldiers dot the border village of Panmunjeom inside the DMZ, or demilitarized zone, the swath of land between North and South Korea where a U.S. soldier on a tour crossed into the North under circumstances that remained murky.The soldier was on a tour of the storied border town, inside the heavily fortified 248-kilometer-long DMZ, when the crossing happened, U.S. officials said Tuesday. It remained unknown exactly what prompted the soldier's actions, though U.S. officials said he was facing disciplinary action after he had been held in South Korea on assault charges. The soldier was believed to be in North Korean custody.The DMZ is lined with observation posts on both sides, whose soldiers watch the border and each other carefully for any signs of transgression. North and South Korea remain technically in a state o

Jul 19, 2023
A closer look at Panmunjeom, famous border town where US soldier crossed into NK
  • US service member crosses border to N. Korea without authorization: Austin
  • EXCLUSIVE US soldier who fled to NK skipped flight claiming missing passport: sources
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