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What will be the most significant development in US-South Korea cybersecurity collaboration by end of 2025?
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Resolution / Starting Odds
Tracking stolen funds • 25%
Securing cryptocurrency exchanges • 25%
Developing new prevention technologies • 25%
Other • 25%
Official reports and announcements from US and South Korean governments
Story
North Korean Hackers Stole $1.34 Billion in Crypto in 2024, Prompting US-South Korea Defense Collaboration Through 2026
Dec 23, 2024, 09:03 AM
In 2024, North Korean hackers have been implicated in the theft of approximately $1.34 billion worth of cryptocurrency, accounting for 60% of all crypto stolen this year. According to South Korean police, these hackers, linked to North Korea's intelligence agency, were responsible for $41.5 million in specific cryptocurrency asset thefts. In response to these cyber threats, South Korea and the United States are collaborating on research and development initiatives aimed at combating these attacks. Their efforts focus on tracking stolen funds, securing cryptocurrency exchanges, and developing technologies to prevent future incidents. The partnership is expected to continue through 2026 as they bolster defenses against the 47 reported attacks attributed to North Korean hackers this year.
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Successful enhancement • 25%
Partial success • 25%
No significant improvement • 25%
Increased vulnerability • 25%
United States • 25%
South Korea • 25%
Japan • 25%
Other • 25%
Significant reduction in attacks • 25%
No change in attack frequency • 25%
Increase in attack frequency • 25%
Resolution not possible • 25%
United States • 25%
South Korea • 25%
Japan • 25%
Other • 25%
Yes • 50%
No • 50%
Increased Sanctions • 25%
Diplomatic Measures • 25%
Military Action • 25%
No Significant Response • 25%
Enhanced monitoring and surveillance • 25%
Public-private partnerships • 25%
International cooperation • 25%
Other • 25%
Financial • 25%
Telecommunications • 25%
Technology • 25%
Other • 25%
New cybersecurity agreement • 25%
Increased cyber sanctions • 25%
No significant change • 25%
Escalation of cyber conflict • 25%
Increased military presence • 25%
Decreased military presence • 25%
New diplomatic initiatives • 25%
No significant change • 25%