The North Korea Bitcoin War
The US Government has publicly blamed North Korea for the WannaCry cyberattack. One of Donald Trump's advisers, Tom Bossert, a homeland security expert, alleged in a Wall Street Journal column that North Korea was “directly responsible” for the attack that cost billions.
Cybersecurity isn’t easy, but simple principles still apply. Accountability is one, cooperation another. They are the cornerstones of security and resilience in any society. In furtherance of both, and after careful investigation, the U.S. today publicly attributes the massive “WannaCry” cyberattack to North Korea.
People had since noted that North Korea will use cybersecurity heists to fund its nuclear and military programs. But this may go further: if North Korea is interested in destabilizing the global internet order, Bitcoin will be a goldmine to do that.
With all the sanctions, it will become harder for the nation to find new sources of resources to fund its military programs. Logically, North Korea may move into digital crime including stealing Bitcoin and robbing banks. This could be a state policy in the hermit nation.
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If you have a Bitcoin, just note that state actors like North Korea can be after it. That means you may need to find a state bunker like the one used in Switzerland to secure Bitcoin it in Nigeria.