The U.S. Treasury Department sanctioned eight individuals and two firms on allegations of laundering money acquired through cybercrime to further North Korean state objectives. North Korea-linked cybercriminals have been implicated in thefts exceeding $3 billion predominantly in cryptocurrency over the last three years. Additionally, North Korean IT workers purportedly earn substantial sums by misrepresenting their identities.
This latest sanctioning is part of an ongoing effort by the U.S. government to combat threats posed by North Korean cyber activities, with Treasury officials indicating links between cybercriminal gains and funding for the country’s nuclear weapons program. Among those sanctioned are key personnel in North Korean financial institutions and an IT company reportedly aiding these operations. Recent reports from allied nations highlight North Korea’s continued violations of international security resolutions through sophisticated cyber tactics, emphasizing the growing concern about the regime’s cyber capabilities, which are comparable to those of cyber powers like China and Russia.
👉 Pročitaj original: CyberScoop
