Disclosed herein are an apparatus and method for analyzing malicious code in a multi-core environment. The apparatus for analyzing malicious code includes a core setting unit for setting at least one monitoring core, on which malicious code is to be monitored, among cores of a multi-core Central Processing Unit (CPU), and executing a monitoring program on the monitoring core, a behavioral information collection unit for, when execution cores that are not set as the monitoring core execute analysis target code, collecting pieces of behavioral information using the monitoring program and a hardware debugging device, and a storage unit for storing the behavioral information.