A lengthy sentence, along with hefty fees, is what awaits a resident of the southwestern U.S. state who facilitated the hiring of numerous people using stolen identities. The rise of the DPRK threat is a global concern, and its tactics are becoming increasingly sophisticated. Details on The Arrest A press release shared by the Office of […]
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Thursday sanctioned Song Kum Hyok, a North Korean cyber actor associated with the Reconnaissance General Bureau’s (RGB) Andariel hacking group. OFAC said Song facilitated an illicit IT worker scheme that generated revenue for Pyongyang’s regime. Treasury Targets DPRK Cyber Actor According to […]
SentinelLabs, the research and threat intelligence arm of cybersecurity firm SentinelOne, has delved into a new and sophisticated attack campaign called NimDoor, targeting macOS devices from DPRK bad actors. The elaborate scheme involves using the programming language Nim to inject multiple attack chains on devices used in small Web3 businesses, which is a recent trend. […]
North Korean hackers linked to the state’s notorious Lazarus Group have successfully set up shell companies within the United States to distribute malware to cryptocurrency developers, in a scheme that violates US sanctions and exposes major vulnerabilities in business registration systems. According to Reuters, cybersecurity firm Silent Push revealed that two companies—Blocknovas LLC in New […]
Privacy-focused cryptocurrency exchange eXch has confirmed it will officially terminate all operations effective May 1st, following escalating international scrutiny and mounting allegations of its role in laundering funds linked to the February Bybit hack. According to the team, the move comes after internal consensus among its leadership to “cease and retreat” rather than continue under […]
US authorities have made significant progress in combating cryptocurrency-related crime by seizing approximately $31 million linked to the 2021 Uranium Finance hack. The announcement was made by the US Attorney’s Office for the Southern District of New York (SDNY) and Homeland Security Investigations (HSI) in San Diego this week, nearly four years after the attack. […]
South Korea has intensified efforts to curb the illegal cyber operations of its northern neighbor, the Democratic People’s Republic of Korea (DPRK), which have escalated to alarming levels. These activities, which include cryptocurrency theft and IT-related foreign currency generation, are said to be funding Pyongyang’s nuclear and missile programs. Crypto Crimes Funding Military Developments In […]