KazPost

Kazakhstan News
Monday, Oct 07, 2024

US Sanctions North Korea Over 'Malicious Cyber Activity'

US Sanctions North Korea Over 'Malicious Cyber Activity'

North Korea deploys thousands of tech workers abroad who engage in "malicious cyber activities that support the... government," a Treasury Department statement said.
The US government on Tuesday announced new sanctions on North Korean groups for what is said was the use of hackers to raise money for Pyongyang's weapons programs.

The targets of the sanctions "generate revenue by stealing funds from global financial institutions and other entities," Secretary of State Antony Blinken said in a statement.

North Korea deploys thousands of tech workers abroad who engage in "malicious cyber activities that support the... government," a Treasury Department statement said.

Four organizations were sanctioned, including the Pyongyang University of Automation, and the Chinyong Information Technology Cooperation Company, which the agency said controls workers deployed to Russia and Laos.

The other two organizations are the Technical Reconnaissance Bureau, an offensive cyber tactics unit which is subordinate to North Korea's premier intelligence bureau, and the 110th Research Center, which has targeted media and defense companies in South Korea, it said.

Also sanctioned was Kim Sang Man, who Treasury said was based in Vladivostok, in Russia's far east, and served as a paymaster.

Blinken said the sanctions were coordinated with South Korea.

North Korea "maintains a workforce of thousands of highly skilled IT workers around the world, primarily in the People's Republic of China and Russia," the Treasury statement said.

The workers often use stolen identities and proxy accounts to apply for jobs at foreign companies, using legitimate employment to shield other activities, it said.

The Treasury statement cited a UN report in March that said North Korean hackers "stole more virtual currency in 2022 than in any previous year, with estimates ranging from $630 million to over $1 billion -- reportedly doubling Pyongyang's total cyber theft proceeds in 2021."

North Korean hackers rose to prominence in 2014 with their alleged role in the hack of Sony Pictures in retaliation for the release of a satirical movie, "The Interview," that made fun of North Korean leader Kim Jong Un.

The US administration will continue to combat North Korea's "continued efforts to steal money from financial institutions, virtual currency exchanges, companies, and private individuals around the world," said Brian Nelson, Treasury undersecretary for terrorism and financial intelligence.
Newsletter

Related Articles

KazPost
0:00
0:00
Close
It's always the people with the dirty hands pointing their fingers
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
Europe is boiling: Extreme Weather Conditions Prevail Across the Continent
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
Historic Moment: Edgars Rinkevics, EU's First Openly Gay Head of State, Takes Office as Latvia's President
An Ominous Shift in Warfare: Western Powers Risk War Crimes and Violate International Norms with Cluster Bomb Supply to Ukraine
Bye bye democracy, human rights, freedom: French Cops Can Now Secretly Activate Phone Cameras, Microphones And GPS To Spy On Citizens
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
The New French Revolution
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
Corruption in the European Parliament - Business as usual
UK Crypto and Stablecoin Regulations Become Law as Royal Assent is Granted
Paris Suburb Grapples with Violence as Curfew Imposed: Saint-Denis Residents Express Dismay and Anger
A Delaware city wants to let businesses vote in its elections
Alef Aeronautics Achieves Historic Milestone with Flight Certification for World's First Flying Car
Google Blocked Access to Canadian News in Response to New Legislation
French Politicians Advocate for Pan-European Regulation on Social Media Influencers
×