North Korea

US indicts five individuals in crackdown on North Korea’s illicit IT workforce

Security /

U.S. authorities have indicted five people over their alleged involvement in a multi-year scheme that saw them obtain remote IT employment with dozens of American companies. The Department of Justice on Thursday announced the indictment of North Korean citizens Jin Sung-Il and Pak Jin-Song; Pedro Ernesto Alonso De Los Reyes of Mexico, and U.S. nationals […]

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North Korea stole over $659M in crypto heists during 2024, deploys fake job seekers

Cypto /

North Korean-backed hackers stole at least $659 million through multiple cryptocurrency heists in 2024, while also deploying IT workers to infiltrate blockchain companies as insider threats, according to Japan, South Korea and the United States in a rare joint statement (PDF) on Tuesday. The announcement provided the first official confirmation that North Korea was behind

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US government charges operators of crypto mixing service used by North Korea and ransomware gangs

Cypto /

On Friday, the U.S. Department of Justice announced the indictments of Russian citizens Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov, accusing them of operating services that helped criminals launder cryptocurrency. The three were allegedly involved in operating Bender.io and Sinbad.io, two cryptocurrency mixers “that served as safe havens for laundering criminally derived

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North Korea-linked hackers accounted for 61% of all crypto stolen in 2024

Security /

Alongside the rising adoption and value of crypto assets, 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. Earlier this year,

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North Korean hackers have stolen billions in crypto by posing as VCs, recruiters and IT workers

Security /

A venture capitalist, a recruiter from a big company, and a newly hired remote IT worker might not seem to have much in common, but all have been caught as imposters secretly working for the North Korean regime, according to security researchers.  On Friday at Cyberwarcon, an annual conference in Washington DC focused on disruptive

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North Korean hackers exploited Chrome zero-day to steal crypto

Security /

A North Korean hacking group earlier in August exploited a previously unknown bug in Chrome to target organizations with the goal of stealing cryptocurrency, according to Microsoft. In a report published on Friday, the tech giant’s cybersecurity researchers said they first saw evidence of the hackers’ activities on August 19, and said the hackers were

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