The US government is attempting to dismantle Cambodia’s Huione Group, a notorious financial network in Southeast Asia, to prevent laundered money from fueling cybercrime and hacking sponsored by states. The Treasury Department’s Financial Crimes Enforcement Network proposed a ruling that would block any US financial institution from opening or operating accounts for Huione or its…
A new report has claimed there is a North Korean cyber operation involving the creation of fake companies within the United States. The strategy was to gain access to the cryptocurrency market by using fake employment opportunities to lure in malware developers. The perpetrators managed to secure corporate shells with legal registrations as well as…
Allegedly, cyber operatives from North Korea have utilized an advanced new strategy by setting up two phony businesses within the United States using fake names and addresses. As reported, the objective of this elaborate plan was to bypass US Treasury restrictions and hack into the computers of cryptocurrency developers using a kind of malware. This…
Job scams and cryptocurrency theft have reached new heights of notoriety, thanks to an unmasked malware scheme associated with Contagious Interview, a group of North Korean cybercriminals. These cyber crooks are creating entire job profiles within fake consultancy firms to maliciously distribute software that could take over cryptocurrency transactions and siphon digital currency. The Deceptive…
In a global geopolitical shift, South Korea and Syria have officially set up diplomatic relations. This marks the first official recognition of the transitional government of Syrian President Ahmad al-Sharaa, while also striking a setback to North Korea, which was allied with Syria during the dictatorship of President Bashar al-Assad. The South Korean minister Cho…
Reportedly, North Korean hackers have pulled off a number of brazen cybercrimes that have netted them an astonishing amount of cryptocurrency, which is raising concerns about the security of the digital asset market as well as the increasing cyber threats from government-backed entities. The experts estimate the magnitude of these heists to be staggering and…
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