CANBERRA, AUSTRALIA - NOVEMBER 03: Minister for Foreign Affairs Senator Penny Wong listen in the Senate Chamber at Parliament House on November 03, 2025 in Canberra, Australia. Australia's parliament convened for sittings as a number of pressing issues come to the fore, from inflation and cost of living domestically to Australia's relationship with its allies in the region and beyond internationally. (Photo by Hilary Wardhaugh/Getty Images)
Share and Follow

The Australian federal government has taken decisive action against cybercriminals accused of channeling funds to support North Korea’s weapons of mass destruction programs. In a strategic move to curb these illicit activities, financial sanctions and travel bans have been imposed.

Foreign Minister Penny Wong emphasized the collaborative effort with the United States to cut off financial resources to North Korea. The measures target four entities and an individual who are believed to be financially backing the regime’s illegal weapons initiatives.

CANBERRA, AUSTRALIA - NOVEMBER 03: Minister for Foreign Affairs Senator Penny Wong listen in the Senate Chamber at Parliament House on November 03, 2025 in Canberra, Australia. Australia's parliament convened for sittings as a number of pressing issues come to the fore, from inflation and cost of living domestically to Australia's relationship with its allies in the region and beyond internationally. (Photo by Hilary Wardhaugh/Getty Images)
Foreign Affairs Minister Penny Wong said Australia is working to “starve” North Korea of funds. (Getty)

“The threat posed by North Korea to the region is significant,” Wong remarked during a recent announcement. “It’s crucial to collaborate with partners to increase pressure on the regime, and cutting off their financial resources is a key strategy.”

Wong expressed her deep concern over North Korea’s extensive involvement in harmful cyber activities, highlighting the gravity of the threat they pose.

Wong described the scale of North Korea’s involvement in malicious cyber activities as “deeply concerning”.

She called on the one-party state to abandon its “unlawful weapons of mass destruction and ballistic missile programs in a complete, verifiable and irreversible manner”.

“The Australia government is taking this action with the United States to apply pressure on North Korea’s illegal revenue generation networks and address its persistent challenges to security and stability,” Wong added in a statement.

“Australia will continue to work with international partners to respond to malicious cyber activity, promote the framework for responsible state behaviour in cyberspace and keep Australians safe.”

An international report has accussed North Korea of stealing billions in cryptocurrency. The country’s Supreme Leader Kim Jong-un is pictured here. (KCNA/Reuters/File via CNN Newsource)

The US has doled out similar punishments against cybercriminals supporting the creation of weapons of mass destruction.

The US State Department earlier this week sanctioned two entities and eight people alleged to have supported North Korea’s schemes to launder funds.

It named Ryujong Credit Bank, Korea Mangyongdae Computer Technology Company and its president U Yong Su among those sanctioned.

The department said the US “strongly condemns” the activities of entities associated with the Democratic People’s Republic of Korea.

Share and Follow
You May Also Like
Prime Minister Anthony Albanese

United We Stand: PM’s Defiant Message to Those Trying to Divide Our Nation

Standing on the steps of Sydney’s iconic landmark, the Prime Minister condemned…
Relatives of Rabbi Eli Schlanger, who was killed in the Bondi Beach terror attack, draped over his coffin during his funeral at Chabad of Bondi.

Heartfelt Farewells: Mourners Gather to Honor Bondi Terror Attack Victims

Emotions were palpable as family members and friends gathered to bid farewell…
A 14-year-old girl bravely took a bullet to her thigh as she shielded two toddlers from the gunfire that rained down on crowds at Bondi Beach. 

Brave Teen Heroically Shields Toddlers During Bondi Shooting, Sustains Injuries

A courageous 14-year-old girl found herself in the midst of chaos at…

Nation Mourns as Youngest Bondi Attack Victim is Laid to Rest; Prime Minister Speaks at Multi-Faith Memorial

Matilda was having a delightful time with her loved ones, her face…

24-Year-Old Bondi Resident Faces Multiple Charges Including Murder and Terrorism

Naveed Akram was critically injured in a police shooting and remained in…
Australians who lost their retirement fund to be paid back $100m

Aussies Reclaim $100 Million in Lost Retirement Funds: What You Need to Know

Netwealth has reached an agreement with the Australian Securities and Investments Commission…
Former Australian cricketer Stuart MacGill arrives at Downing Centre Local court, Friday, 9 May 2025.    Macgill, an Australian cricketing great  will this morning learn whether he will be jailed after being found guilty by a District Court jury of helping to set up, and being present at, a meeting between the man and a street-level drug dealer, who can only be known as Person A, underneath his Neutral Bay restaurant in April 2021.   Photo: Sam Mooy / The Sydney Morning Herald

Former Cricketer Enlists Prominent Advocate for Cocaine Appeal

An ex-Australian Test cricketer will be forking over the big bucks hiring…
Prime Minister Anthony Albanese has announced a range of new hate speech laws to combat the rise in anti-Semitism.

Australia Targets Hate Preachers with New Antisemitism Laws Following Bondi Incident

Prime Minister Anthony Albanese says his government will introduce new reforms to…