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North Korean hackers posing as IT workers steal over $1B in cyberattack

posted onNovember 29, 2024
by l33tdawg
Flickr
Credit: Flickr

North Korean hackers are escalating their operations, posing as candidates for remote positions at multinational companies.

These hackers are leveraging their disguises to steal trade secrets and siphon cryptocurrency funds, contributing significantly to the regime’s coffers. Researchers at the Cyberwarcon cybersecurity conference identified two North Korean hacker groups, Sapphire Sleet and Ruby Sleet, as key players in these schemes.

Their methods range from impersonating recruiters to masquerading as employees in industries such as aerospace. This strategy has already reaped millions for the North Korean government while dealing heavy blows to corporate and crypto industries worldwide.

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