North Korean Hiring Fraud Runs on AI and US Laptop Farms
Nisos infiltrated a North Korean IT-worker fraud cell running on AI interviews and a US laptop farm
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Nisos infiltrated a North Korean IT-worker fraud cell running on AI interviews and a US laptop farm
Also: Google’s $40B AI Bet, Insights From Google Next ConferenceIn this week's panel, four ISMG editors discussed North Korea's use of fake video meetings to fuel crypto fraud, Google's $40 billion investment in Anthropic and what it signals for the AI race, and key takeaways from Google Next in Las Vegas on enterprise AI adoption.
Also: Cartier Heir Imprisoned, Believe Founder Benjamin Pasternak ArrestedThis week, North Korea hacks, Cartier heir jailed, Believe founder arrested, Cambodia scam network sanctioned. A U.S. Army soldier's insider bet, Litecoin, sentences in laundering and romance fraud cases, France probed crypto kidnapping. Tennessee banned crypto ATMs, Kelp DAO and Alex Mashinsky.
Fortune 500 companies and one US defense contractor got taken for $5m in four-year scam Two Americans have been jailed for a combined 200 months for helping North Korea generate $5 million through fraudulent IT worker schemes.…
A 29-year-old Ukrainian national has been sentenced to five years in prison in the U.S. for his role in facilitating North Korea's fraudulent information technology (IT) worker scheme
The five defendants allegedly assisted North Korean hackers with obtaining remote IT employment with US companies
The U.S. Department of Justice (DoJ) on Friday announced that five individuals have pleaded guilty to assisting North Korea's illicit revenue generation schemes by enabling information technology (IT) worker fraud in violation of international sanctions
The U.S. Department of Justice announced that five individuals pleaded guilty to aiding North Korea's illicit revenue generation schemes, including remote IT worker fraud and cryptocurrency theft. [...]
The U.S. Treasury Department on Tuesday imposed sanctions against eight individuals and two entities within North Korea's global financial network for laundering money for various illicit schemes, including cybercrime and information technology (IT) worker fraud
The U.S. Treasury Department imposed sanctions on two North Korean financial institutions and eight individuals involved in laundering cryptocurrency stolen in cybercrime and fraudulent IT worker schemes. [...]
Also: ToolShell Hits South Africa, Most Americans Are Online Fraud VictimsThis week: Did China sneak a peek into ToolShell? ToolShell hacking in South Africa, Cisco flaws, an Arizona woman sentenced for aiding North Korea. Most Americans scammed online, a NASCAR data breach and a claimed data leak at France's Naval Group. Orange telecom disrupted. Dating app Tea breach.
Plus she has to cough up a slice of Pyongyang’s payday An Arizona woman who ran a laptop farm from her home - helping North Korean IT operatives pose as US-based remote workers - has been sentenced to eight and a half years behind bars for her role in a $17 million fraud that hit more than 300 American companies.…
Also: Dismantling a 460 Million Euro Crypto Fraud NetworkThis week, a peek into Iran's largest crypto exchange blending privacy, scale and sanctions evasion, Europol and Spanish police dismantled a crypto fraud network, $9.5M Resupply hack, sentencing in a $40M ponzi scheme and a North Korean crypto theft and employment fraud ring.
Feds say $970K scheme defrauded 13+ companies A Maryland man has pleaded guilty to fraud after landing a job with a contractor working on US government software, and then outsourcing the work to a self-described North Korean developer in China.…
Inside North Korea’s IT Scam Network Now Shifting to EuropeNorth Koreans posing as remote IT workers have spread to Europe, where one Pyongyang fraudster assumed at least 12 personas to target companies in Germany, Portugal and the United Kingdom. Western companies have grappled for years with the prospect of unintentionally hiring a North Korean national.
5 indicted as FBI warns North Korea dials up aggression, plus Russian devs allegedly get in on the act The US is indicting yet another five suspects it believes were involved in North Korea's long-running, fraudulent remote IT worker scheme – including one who changed their last name to "Bane" and scored a gig at a tech biz in San Francisco.…
Cybersecurity researchers have identified infrastructure links between the North Korean threat actors behind the fraudulent IT worker schemes and a 2016 crowdfunding scam
The U.S. Department of Justice (DoJ) has indicted 14 nationals belonging to the Democratic People's Republic of Korea (DPRK or North Korea) for their alleged involvement in a long-running conspiracy to violate sanctions and commit wire fraud, money laundering, and identity theft by illegally seeking employment in U.S. companies and non-profit organizations
The US Government is offering a $5 million reward for information leading to the disruption of financial mechanisms supporting North Korea following a six-year conspiracy
Also: North Korea Money Laundering and South Korean Crypto PoliceThis week, SEC filed suit against Geosyn, prosecutors fought dismissed Tornado Cash charges, analyst tracked North Korean crypto laundering, European Parliament OK'd anti-money laundering law, FBI warned of unregistered crypto entities and South Korea may make crypto investigative unit permanent.