BlockBeats news, November 28, according to TechCrunch, at the Cyberwarcon conference held on Friday, security researchers provided the latest assessment of the North Korean threat. Researchers said that North Korean hackers continue to disguise themselves as potential employees seeking to work in multinational companies in order to earn money for North Korea and steal corporate secrets that will help its weapons program. Over the past decade, these imposters have accumulated billions of dollars by stealing cryptocurrencies, funded the country's nuclear weapons program, and successfully circumvented a series of international sanctions.
Microsoft security researcher James Elliott told the Cyberwarcon conference that North Korean IT workers have infiltrated "hundreds" of organizations around the world by creating fake identities, while relying on intermediaries in the United States to process their corporate workstations and revenue to circumvent financial sanctions targeting North Koreans.
Experts who study North Korea’s cyber capabilities say the North Korean cyber threat today is a nebulous entity that encompasses multiple hacker groups with different tactics and techniques but a common goal of stealing cryptocurrency. North Korean hacking poses little risk because the country is already subject to a slew of sanctions.
