US Warns Businesses of North Korean IT Worker Fraud
The US government has issued a warning to businesses, particularly in the financial sector, about the risks of hiring fraudulent remote IT workers from North Korea. These individuals may be using fake credentials to gain access to sensitive information and systems, with potential consequences for national security.
Warning Issued by FBI and Other Agencies
According to the FBI and other agencies, North Korean IT workers have been generating revenue by engaging in various forms of cybercrime, including software development and digital token trading. The US Department of State has also identified these individuals as a key threat to global financial stability.
Mitigating Risks
To mitigate the risks, businesses are advised to develop relationships with law enforcement agencies and to involve their legal teams in monitoring for suspicious activity. Guidehouse consulting firm is offering training programs to help organizations identify and report potential IT worker fraud activity.
Common Tactics Used by North Korean IT Workers
The use of fake credentials, such as diplomas or certifications, is a common tactic used by North Korean IT workers to gain access to sensitive information.
What Businesses Can Do
- Develop relationships with law enforcement agencies
- Involve legal teams in monitoring for suspicious activity
- Attend training programs offered by Guidehouse to identify and report potential IT worker fraud activity
Rewards Program Launched
The US government has also launched a rewards program for information leading to the identification of North Korean IT workers involved in fraudulent activities.
Sanctions Imposed on Individuals and Companies
In related news, the Treasury Department recently imposed sanctions on several individuals and companies suspected of facilitating North Korea’s nuclear weapons program. The sanctions are part of a broader effort by the international community to apply pressure on North Korea to abandon its nuclear ambitions.
Escalating Tensions
The warning comes as tensions between the US and North Korea continue to escalate. In recent weeks, both sides have exchanged barbs over military drills and economic sanctions.
For More Information
For more information about the risks posed by North Korean IT workers, contact Kristin Wenske or Mariya Stetsyna at Guidehouse.