Topic: us treasury sanctions
-
US Sanctions North Korean Firm for IT Worker Fraud Schemes
The U.S. imposed sanctions on three individuals and a trading company (Korea Sobaeksu) for funneling funds from IT worker fraud schemes to North Korea’s weapons programs. North Korean IT workers use stolen identities to secure foreign jobs, with salaries diverted to the regime, prompting the FBI ...
Read More » -
US Treasury Sanctions Entities in Illegal IT Worker Scheme
The US Treasury sanctioned two individuals and four companies for facilitating illegal IT work by North Koreans, who used fake identities to secure remote jobs and funnel earnings to Pyongyang. Key figures include North Korean operative Song Kum Hyok, who orchestrated identity theft, and Russian ...
Read More » -
US Treasury Sanctions North Korea for IT Worker Malware Plot
Treasury has imposed sanctions on a North Korean cyber operative involved in a sophisticated scheme using fake identities to infiltrate American companies and fund Pyongyang’s weapons programs.** The move targets **Song Kum Hyok**, a key member of the **Andariel hacking group**, known for orchest...
Read More »