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 Korean IT workers
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…
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…