The US Treasury has approved an international network of fraud used by North Korea to infiltrate US hacker companies present as legal job seekers, officials said on Wednesday.
Sanctions are the latest actions taken by the US Treasury in recent months aimed at combating North Korean state employees from searching for employment to US companies using fake identities and documents to apply for jobs. Once they are employed, hackers earn a salary from the company, but also steal the company’s sensitive data and spread their employers by asking for ransom.
In Wednesday’s statementThe Treasury said the fraud network created at least $ 1 million in profits for the North Korean regime, one of the many such programs that helped increase billions of dollars in stolen funds, including encryption, to fund the funding program.
As part of its last round of enforcement, the Treasury was ratified by Vitaliy Sergeyevich Andreyev, a Russian national accused of working with the North Koreans to facilitate payments to a company called Chinyong. The Ministry of Finance, which Master Chinyong in 2024He says the company is employed by delegations of the blessed IT workers based in Russia and Laos.
The US says Andreyev worked with a North Korean -based Consulate in Russia called Kim Ung Ug Sun to rinse close to $ 600,000 in stolen money in regime encryption.
The Treasury has been ratified by Shenyang Geumpungri, a Chinese company that the US also reports also employing Dolos IT workers on behalf of the North Korean government, as well as Sinjin, another North Korean company for the program of IT workers.
This is the last round of sanctions targeting North Korea, as well as US -based facilitators, who help support North Korean money. North Korea remains particularly dedicated to the theft of money and its conversion into encryption to inflate the country’s ban on access to the global financial system.
While the program is not new, the North Koreans are increasingly effective to take jobs to us and other western companies.
Security researchers in the last two years began to increase the alarm for North Korean workers programs. Crowdstrike security company reports that northern Korean hackers have penetrated hundreds of companies only in the United States using false documentation and cheating techniques to get employed.
New sanctions mean that US companies or any company are involved in an American company are prohibited by the transaction or cooperation with those listed by the Ministry of Finance. In practice, the rules of the Ministry of Finance put legal responsibility for the recruitment of companies to ensure that they do not accidentally hire North Koreans or other persons with sanctions.
