US Sanctions North Korean Remote IT Fraud Network

US sanctions fraud network used by North Korean remote IT workers to steal money and infiltrate US companies.
Matilda
US Sanctions North Korean Remote IT Fraud Network
US sanctions fraud network used by North Korean ‘remote IT workers’ to seek jobs and steal money The US sanctions fraud network used by North Korean ‘remote IT workers’ to seek jobs and steal money in its latest crackdown on cybercrime linked to Pyongyang’s regime. The Treasury Department announced the move on Wednesday, targeting individuals and companies helping North Korean operatives pose as legitimate job seekers in the U.S. tech and IT sector. Image Credits:Kim Jae-Hwan/SOPA Images/LightRocket / Getty Images How North Korean hackers infiltrate US companies According to officials, North Korean agents use stolen or fake identities to apply for remote IT jobs at American companies. Once hired, these so-called “remote IT workers” not only collect a paycheck but also steal sensitive company data, funnel money back to Pyongyang, and sometimes demand ransom payments from employers. This fraud network has already generated over $1 million in profits for the regime, U.S. authorities said, and…