North Korean Spies Targeted Drift in $285M Theft Operation

Drift Theft Operation

North Korean-state-backed spies conducted an in-person operation targeting cryptocurrency platform Drift to drain $285 million, according to reports. The operation involved months of direct engagement with the target.

Broader North Korean Cyber Threat

According to a security intelligence research firm, North Korean-state-backed hackers account for 76% of all crypto scam and hack losses in 2026. The same firm reports that North Korean-backed actors have stolen $6 billion since 2017, underscoring the scale of ongoing cyber theft activity attributed to state-sponsored North Korean threat actors.