🎈 Up Big Today: Find today's biggest gainers (some over 50%!) with our free screenerTry Stock Screener

U.S., South Korea, Japan to step up actions on North Korea cyber threats

Published 12/08/2023, 07:40 PM
Updated 12/09/2023, 06:36 AM
© Reuters. Japan's Prime Minister Fumio Kishida speaks during a summit discussion, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, at the Stanford, California, U.S., November 17, 2023.  REUTERS/Brittany Hosea-Small/File Photo

By Hyunsu Yim and Ju-min Park

SEOUL (Reuters) -The United States, South Korea and Japan agreed new initiatives on Saturday to respond to North Korea's threats in cyberspace, including cryptocurrency abuses and space launches, White House National Security Adviser Jake Sullivan said.

The three countries' national security advisers met in Seoul as Pyongyang warned that it would deploy more spy satellites.

Sullivan said the meeting followed up on commitments set forth at a Camp David trilateral summit hosted by President Joe Biden in August, where leaders of the U.S. and its two key Asian allies pledged to deepen security and economic cooperation.

"We've also launched new trilateral initiatives to counter the threats posed by the DPRK, from its cybercrime and cryptocurrency money laundering to its reckless space and ballistic missile tests," Sullivan told reporters, referring to North Korea by the initials of its official name, the Democratic People's Republic of Korea.

His Japanese counterpart Takeo Akiba said North Korea's "illicit cyber activities" had emerged as most recent challenges, calling them "a source of funds" for the isolated state's nuclear missile development.

The three countries' coordinated efforts will target potential threats of economic coercion, having completed work on a supply-chain early warning system, agreed to at Camp David, in critical minerals and rechargeable batteries, Sullivan said.

Biden met at Camp David with South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida to project unity in the face of China's growing power and nuclear threats from North Korea.

Sullivan said the nations "continue to stand up for peace and stability across the Taiwan Strait and freedom of navigation in the East and South China Seas".

Sullivan and his South Korean counterpart Cho Tae-yong co-chaired on Saturday the first Next Generation Critical and Emerging Technologies (CET) Dialogue, a forum aimed at cooperation on chips and other critical technologies, the South Korean presidential office said.

NORTH KOREA-RUSSIA TIES

North Korean state media said on Saturday that Pyongyang was determined to launch more spy satellites soon, calling space development part of its right to defend itself as any other country has. It has also criticised South Korea for launching its own satellite, saying there is a double standard.

Sullivan disputed that claim, saying North Korea's satellite launch involves ballistic-missile technologies that violate United Nations resolutions, while South Korea's do not.

Sanctions monitors have accused North Korea of using cyberattacks to gather funds for its nuclear and missile programs, and a U.N. report said Pyongyang had stepped up its cryptocurrency theft last year, using sophisticated techniques to steal more in 2022 than any other year.

North Korea has denied allegations of hacking or other cyberattacks.

After talks with Sullivan and Akiba, South Korea's Cho said the three had also exchanged ideas on Ukraine and Middle East issues.

They discussed growing military cooperation between Russia and North Korea, and all three were confident North Korea was supplying weapons for Russia in Ukraine war, Sullivan said.

© Reuters. South Korea's National Security Adviser Cho Tae-yong shakes hands with U.S. National Security Advisor Jake Sullivan and Japan's National Security Secretariat Secretary-General Takeo Akiba after their joint press conference at the presidential office, in Seoul, South Korea on December 09, 2023.    Chung Sung-Jun/Pool via REUTERS

Since the White House said in October North Korea had provided Russia with a shipment of weapons from a port in its border town of Rason, the port continues to display a high level of activity, the Washington-based Center for Strategic and International Studies (CSIS) said in a report published on Friday, citing satellite imagery analysis.

North Korea has denied it transfers arms to Moscow.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.