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Posts Tagged ‘north korea’

Companies and other organizations should be careful when employing IT freelancers, lest they end up hiring North Korean hackers. The advice comes from the U.S. Department of State, the U.S. Department of the Treasury, and the Federal Bureau of Investigation, who warned that “there are reputational risks and the potential for legal consequences, including sanctions […]

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The panel of experts said that according to an unnamed government, North Korean “cyber-actors stole more than $50 million between 2020 and mid-2021 from at least three cryptocurrency exchanges in North America, Europe and Asia, probably reflecting a shift to diversify its cybercrime operations.” And the experts said in the report’s section on cyber activities […]

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Virgil Griffith, who is based in Singapore, launched projects in 2018 to provide services to individuals in North Korea by developing and financing cryptocurrency structures, including cryptocurrency mining, according to the Southern District Court of New York. A ruling will be announced in January 2022. Griffith, who faces a 20-year prison sentence, worked with others […]

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