The U.S. Treasury Department announced sanctions Thursday against two individuals and four entities allegedly involved in generating revenue for North Korea through illicit remote IT workforce operations, the latest salvo in ongoing efforts to disrupt financial streams that support Pyongyang’s weapons programs. The sanctions focus on efforts in which North Korea sent thousands of skilled…
Category: North Korea
Crypto, Global IT News, Global Security News, North Korea, Security, TC, WazirX
North Korea stole over $659M in crypto heists during 2024, deploys fake job seekers
A joint international statement provides the first official confirmation that North Korea was behind the $235M hack of WazirX, India’s largest cryptocurrency exchange. © 2024 TechCrunch. All rights reserved. For personal use only.
Crypto, CryptoCurrency, Department of Justice, fbi, Global IT News, Global Security News, money laundering, North Korea, Ransomware, sanctions, Security
US government charges operators of crypto mixing service used by North Korea and ransomware gangs
Three Russian citizens were charged with money laundering for their role in operating Blender.io and Sinbad.io crypto mixing services. © 2024 TechCrunch. All rights reserved. For personal use only.
Cybercrime, Global Security News, North Korea, North Korean IT workers, South Korea
South Korea sanctions 15 North Koreans for IT worker scams, financial hacking schemes
The South Korean government has sanctioned more than a dozen individuals and one organization for a wide-ranging global scheme to fund North Korea’s nuclear and missile programs through impersonating IT workers abroad, stealing cryptocurrency and facilitating cyberattacks. South Korean officials on Thursday identified 15 North Korean nationals and the Chosun Geumjeong Economic Information Technology Exchange…
Cloud Security, CryptoCurrency, Cybersecurity, Endpoint, Featured, Global Security News, Incident Response, Industry Spotlight, IT worker scam, Network Security, News, North Korea, Security Awareness, Security Boulevard (Original), Social - Facebook, Social - LinkedIn, Social - X, Spotlight, Threat Intelligence
North Korean Hackers Stole $1.34 Billion in Crypto in 2024
North Korean hackers stole $1.34 billion in cryptocurrency in 2024, more than half of the $2.2 billion stolen in all crypto hacks, and the attacks by threat groups linked to the rogue nation are becoming more frequent and are happening more quickly. The post North Korean Hackers Stole $1.34 Billion in Crypto in 2024 appeared…
Chainalysis, Crypto, crypto hacks, Global IT News, Global Security News, North Korea, Security
North Korea-linked hackers accounted for 61% of all crypto stolen in 2024
With the rising adoption and value of crypto assets, the potential for theft is also on the rise. This year, the total value of cryptocurrency stolen surged 21%, reaching a substantial $2.2 billion. And according to a Chainalysis report released on Thursday, more than half of this amount was stolen by North Korea-affiliated hacking groups.…
china, Cybercrime, Department of Justice, Department of Justice (DOJ), Department of State, Geopolitics, Global Security News, Justice Department, Mandiant, North America, North Korea, North Korean IT workers, Russia, State Department, U.S. courts, U.S. Department of Justice, U.S. Department of State
Court indicts 14 North Korean IT workers tied to $88 million in illicit gains
A federal court has indicted 14 more North Korean IT workers as part of an ongoing U.S. government campaign to crack down on Pyongyang’s use of tech professionals to swindle American companies and nonprofits. The Justice Department said the 14 indicted workers generated at least $88 million throughout a conspiracy that stretched over approximately six…
CryptoCurrency, data breach, Data loss, Global Security News, Guest blog, North Korea
North Korean hackers masquerade as remote IT workers and venture capitalists to steal crypto and secrets
In itslust for stealing cryptocurrency and sensitive information, North Korean hackers are disguising themselves as remote IT workers, recruiters, and even venture capitalists. Read more in my article on the Hot for Security blog.