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Bank Info Security 2 months, 2 weeks ago

Cryptohack Roundup: North Korea Steals Bulk of Crypto So Far

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.

Bank Info Security 3 months, 3 weeks ago

Ex-US Soldier Among 3 Sentenced for DPRK IT Worker Scam

IT Worker Scheme, Laptop Farm Siphon Funds Back to North KoreaA U.S. federal judge sentenced a now-former Army soldier to one year in prison Friday for renting his identity to North Korean IT workers who used it to collect more than $193,000 in salaries from American companies. Also sentenced were two California men who facilitated $1.28M in fraudulent salaries.

Cambodian Firm Worked Directly With North Korea, Say US OfficialsThe U.S. and U.K. imposed sanctions on Cambodia’s Huione Group and 146 affiliates linked to the Prince Group TCO, citing human trafficking, forced labor and over $4 billion in laundered cybercrime proceeds tied to North Korean hacks and Western-targeted scams.

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.…

Bank Info Security 1 year, 3 months ago

North Korean IT Workers Set Sights on European Tech Firms

US Sanctions Are Forcing North Korea to Shift Targets, Using Workers With Fake IDsNorth Korean hackers posing as IT workers used to focus on stealing cryptocurrency and infiltrating U.S. tech companies to access sensitive data, but U.S. sanctions and increasing awareness of these job scammers have forced Pyongyang to shift its focus to Europe, said Mandiant's Luke McNamara.

Bank Info Security 1 year, 4 months ago

Breach Roundup: US Army Officer Guilty of Selling Data

Also, AI Video Mocking Trump and Musk Disrupts HUD OfficesThis week, a U.S. Army soldier pleaded guilty, an AI video displayed to federal workers mocked Donald Trump and Elon Musk, a Saudi firm hit by ransomware, a new North Korean scam, hackers targeted Ukrainian notaries, CISA flagged two flaws, a botnet targeted Microsoft 365 and unpatched Ivanti VPNs.

DOJ Indicts North Korean IT Workers for Using Remote Jobs to Fund Weapons ProgramsU.S. federal prosecutors indicted 14 North Koreans for a long-running IT scam generating $88 million by exploiting remote work with U.S. firms, a scheme prosecutors say is tied to DPRK-controlled companies that fund weapons programs through stolen identities, data theft and extortion.

Bank Info Security 2 years, 2 months ago

US FBI Busts North Korean IT Worker Employment Scams

Law Enforcment Arrests an Arizona Woman and a Ukrainian NationalU.S. law enforcement swept up two people and possibly hundreds of laptops used in scams by North Korean IT workers to obtain remote employment, including as contractors for an unnamed U.S. cybersecurity company. Prosecutors say one scam run by an Arizona woman netted Pyongyang at least $6.8 million.