Express
US Treasury Department sanctions North Korean IT personnel, accusing them of assisting in cyber espionage and cryptocurrency theft
Summary: According to CoinDesk, the US Treasury Department's regulatory agency sanctioned North Korean citizen Song Kum Hyok on Tuesday, designating him as a 'Specially Designated National' and accusing him of being a 'malicious cyber actor' associated with North Korean hacker groups, engaging in cyber espionage activities. The US Office of Foreign Assets Control (OFAC) action places ...
According to CoinDesk, the US Treasury Department's regulatory agency sanctioned North Korean citizen Song Kum Hyok on Tuesday, designating him as a 'Specially Designated National' and accusing him of being a 'malicious cyber actor' associated with North Korean hacker groups, engaging in cyber espionage activities. The US Office of Foreign Assets Control (OFAC) action places Song Kum Hyok outside the global financial system, as he arranged for other North Korean officials to work in various companies under the guise of IT personnel, who would then send funds back to North Korea and exploit vulnerabilities in companies to earn extra income.
Tags:
Link: US Treasury Department sanctions North Korean IT personnel, accusing them of assisting in cyber espionage and cryptocurrency theft [Copy]
