US govt sanctions North Korea’s Kimsuky hacking group

November 30, 2023 at 05:18PM OFAC sanctioned the Kimsuky hacking group and eight North Korean agents for espionage and aiding DPRK’s WMD programs, responding to DPRK’s satellite launch. Kimsuky has expanded from South Korea to global targets, engaging in cyberattacks to support DPRK’s nuclear ambitions. Previous sanctions targeted DPRK groups for cyber theft funding the … Read more

North Korea’s Lazarus Group Rakes in $3 Billion from Cryptocurrency Hacks

November 30, 2023 at 07:18AM Since 2017, North Korean hackers have targeted the crypto sector to bypass sanctions, stealing $3 billion in assets, significantly impacting DeFi platforms. The U.S. imposed sanctions against a mixer used by DPRK’s Lazarus Group for money laundering, which funds their WMD programs. Recorded Future suggests increased industry cybersecurity is necessary. … Read more