North Korea’s $88M Tech Scam: IT Warriors or Cyber Rogues?
North Korea’s fake IT worker scams have raked in $88 million over six years, says the US Department of Justice. Techies disguise their identities to nab remote jobs, funneling earnings to Pyongyang. Even infosec firms have been duped, prompting the FBI to issue guidance. The indictment names companies and individuals behind the scams.
Hot Take:
North Korea’s IT warriors are playing a different kind of “Squid Game,” and they’re cashing in big time. Who knew Pyongyang’s latest export would be tech-savvy scammers? It’s a plot twist even Netflix couldn’t script!
Key Points:
- North Korean IT workers have scammed $88 million over six years by posing as remote tech employees.
- The operations were based in China and Russia, with firms using false identities for employment.
- The indictment involves 14 individuals and targets US businesses and nonprofits.
- FBI and Mandiant have noted an increase in extortion attempts from these workers.
- The US State Department has offered a $5 million reward for disrupting these schemes.
Already a member? Log in here