Treasury sanctions North Koreans involved in IT-worker schemes

Treasury sanctions North Koreans involved in IT-worker schemes

The U.S. Department of the Treasury has imposed sanctions on three North Koreans and their company, Sobaeksu Trading Co., for involvement in remote IT worker scams aimed at generating revenue for North Korea’s nuclear program. The sanctions highlight North Korea’s increasingly sophisticated use of IT schemes to steal money and gather sensitive data from U.S. companies. #KoreaSobaeksu #NorthKoreanCyberOperations

Keypoints

  • Sanctions target North Korean operatives involved in remote IT worker scams.
  • Sobaeksu Trading Co. is linked to North Korea’s Munitions Industry Department.
  • Kim Se Un, Jo Kyong Hun, and Myong Chol Min are accused of scheme facilitation.
  • North Korean IT workers have increasingly targeted U.S. companies for data theft.
  • The FBI warns businesses to be vigilant against North Korean cyber schemes involving third-party vendors.

Read More: https://www.cybersecuritydive.com/news/north-korea-remote-it-worker-sanctions/754087/