London Daily

Focus on the big picture.
Friday, Jan 24, 2025

US Sanctions North Korea Over 'Malicious Cyber Activity'

US Sanctions North Korea Over 'Malicious Cyber Activity'

North Korea deploys thousands of tech workers abroad who engage in "malicious cyber activities that support the... government," a Treasury Department statement said.
The US government on Tuesday announced new sanctions on North Korean groups for what is said was the use of hackers to raise money for Pyongyang's weapons programs.

The targets of the sanctions "generate revenue by stealing funds from global financial institutions and other entities," Secretary of State Antony Blinken said in a statement.

North Korea deploys thousands of tech workers abroad who engage in "malicious cyber activities that support the... government," a Treasury Department statement said.

Four organizations were sanctioned, including the Pyongyang University of Automation, and the Chinyong Information Technology Cooperation Company, which the agency said controls workers deployed to Russia and Laos.

The other two organizations are the Technical Reconnaissance Bureau, an offensive cyber tactics unit which is subordinate to North Korea's premier intelligence bureau, and the 110th Research Center, which has targeted media and defense companies in South Korea, it said.

Also sanctioned was Kim Sang Man, who Treasury said was based in Vladivostok, in Russia's far east, and served as a paymaster.

Blinken said the sanctions were coordinated with South Korea.

North Korea "maintains a workforce of thousands of highly skilled IT workers around the world, primarily in the People's Republic of China and Russia," the Treasury statement said.

The workers often use stolen identities and proxy accounts to apply for jobs at foreign companies, using legitimate employment to shield other activities, it said.

The Treasury statement cited a UN report in March that said North Korean hackers "stole more virtual currency in 2022 than in any previous year, with estimates ranging from $630 million to over $1 billion -- reportedly doubling Pyongyang's total cyber theft proceeds in 2021."

North Korean hackers rose to prominence in 2014 with their alleged role in the hack of Sony Pictures in retaliation for the release of a satirical movie, "The Interview," that made fun of North Korean leader Kim Jong Un.

The US administration will continue to combat North Korea's "continued efforts to steal money from financial institutions, virtual currency exchanges, companies, and private individuals around the world," said Brian Nelson, Treasury undersecretary for terrorism and financial intelligence.
Newsletter

Related Articles

0:00
0:00
Close
Storm Éowyn Brings 'Danger to Life' Warnings Across UK and Ireland
President Trump Orders Declassification of JFK, RFK, and MLK Assassination Records
President Trump Signs Executive Order to Bolster U.S. AI Leadership
Germany’s Democracy Under Strain: Political Labeling Sparks Free Speech Concerns
The Trump Era 2: A Time of Dramatic and Profound Change
BlackRock CEO Larry Fink Suggests Bitcoin Could Reach $700,000 with Increased Institutional Investment
Leaked Documents Reveal Google's Collaboration with Israeli Defense Forces During Gaza Conflict
Trump to Announce $500 Billion AI Infrastructure Investment
Dear President Donald Trump, I want to assure you that this fraud does NOT reflect the opinions of the majority of decent British citizens.
Olaf Scholz vs. Elon Musk: A Battle Over Common Sense, Which Scholz Appears to Be Missing
EU’s Overregulation Drives Innovation Collapse and Brain Drain
Five Billionaires on Track to Break One Trillion Dollar Wealth Barrier
TikTok Restored in the U.S. Following Trump inauguration
Bill Ackman Praises Social Media Platform X as 'The New Media'
Argentina Achieves Record Trade Surplus in 2024 Under President Milei
Italian Prime Minister Giorgia Meloni Proposes Rome as European Union Capital
France Urges EU to Act on Musk's Political Influence as Tensions Rise
Former Special Forces Blast Defense Ministry for Revealing Sensitive Details
Celebrity Responses to California Wildfires: Charity, Criticism, and Controversy
The Wildfires of Los Angeles: A Devastating Impact on Celebrities and California's Leadership
Tragic Loss: Teenager's Death Sparks Community Reflection in Bedford and London
UK Government Proposes Cap on Resale Ticket Prices to Combat Touts
Greenland's Future Caught in Diplomatic Crossfire Between Trump and Europe
EU Prepared to Lead Support for Ukraine Amid US Uncertainty, Says Estonian Prime Minister
Brompton E-Bike Component Diverted to UK Military Drone Production, Causes Delays
Romanian Gang Convicted of Human Trafficking and Exploitation in Dundee
Persistent Cold Snap Grips the UK: Severe Frost and Snow Disrupt Daily Life
Germany Faces Alarming Rise in Homelessness, New Report Shows
China’s Appetite for Salmon: A Game Changer in Global Seafood Markets
Russian Bots Allegedly Amplified NATO Critic Prior to Croatian Election, Researchers Reveal
Armenia Considers EU Membership Referendum Amid Strained Ties with Russia
French Finance Minister Explores Pension Reform Compromise to Secure Budget Agreement
Armenia Considers EU Referendum Amid Growing Rift with Russia
New Wildfire Ignites in Los Angeles as Region Battles Devastating Blazes
The Espionage Unraveled: A Russian Spy Network's Intricacies in the UK
U.S. Supreme Court Rejects Trump's Bid to Delay Sentencing in Hush Money Case
UK Financial Markets Remain Calm Amid Rising Government Borrowing Costs
Stellantis Achieves UK Electric Vehicle Sales Mandate Amid Factory Closure
TikTok Faces Potential Ban in the United States Amid Security Concerns
Pound Plummets to 14-Month Low Amid Concerns Over UK Borrowing Costs
Tensions Rise Over Planned Pro-Palestinian March in London
Bomb Scare in Central London: Abandoned Car Sparks Panic Near Regent Street
Police Seek Suspect in Antisemitic Incident at Liverpool Street Station
Regulatory Reprimand for London Charity Over Fundraising for Israeli Soldier
The Duchess of Sussex Mourns Devastating Loss of Beloved Rescue Dog
From Chairman to Controversial Politician: Rupert Lowe's Journeys in Business and Politics
Metropolitan Police Halts Pro-Palestine March Near BBC Due to Proximity to Synagogue
Inside Warwick Hospital: A Glimpse into the NHS's Battle Against Winter Pressures
Chappell Roan: A Synth-Pop Sensation Emerges as BBC Sound Of 2025 Winner
Search Intensifies for Missing Aberdeen Sisters Eliza and Henrietta Huszti
×