• Home
  • Bitcoin News
  • Blockchain News
  • CBDC News
  • NFT News
  • New to Crypto?
  • About
  • Contact
Facebook Twitter Instagram
Todayq News
  • News
  • Bitcoin
  • Metaverse
  • NFT
  • Blockchain
  • New to Crypto
  • Contact
Twitter Facebook Instagram LinkedIn
Todayq News
News

North Koreans are infiltrating top job-search websites to get into Crypto firms

By Om Labde2 August 2022, 05:16 PM
North Koreans are infiltrating top job-search websites to get into Crypto firms

In an effort to raise money for the regime in Pyongyang, it is believed that thieves from North Korea are now using pirated resumes and fake passports, according to cybersecurity expert interviews and information acquired by a major news organisation.

According to security researchers at Mandiant Inc., the fraudsters are browsing Indeed and LinkedIn for job advertisements and adding information from authentic profiles to their own resumes in an effort to land jobs at US bitcoin companies. In the report, a recent job applicant from suspected North Korea described himself as a “creative and strategic thinking specialist” in the tech sector and promised that “the world will see the fantastic outcome from my hands.” The account from the job application claimed to be from a skilled software developer, according to Mandiant’s identification of it on July 14. However, researchers discovered nearly identical language in the profile of another user.

The researchers asserted that North Koreans can learn about future bitcoin trends by gathering information from cryptocurrency companies. According to Joe Dobson, a principal analyst at Mandiant, such information – about subjects like Ethereum, non-fungible tokens, and potential security lapses – could give the North Korean government an advantage in how to launder cryptocurrency in a way that helps Pyongyang avoid sanctions.

“It comes down to insider threats. If someone gets hired onto a crypto project, and they become a core developer, that allows them to influence things, whether for good or not,” he said.

The government of North Korea has constantly denied taking part in any theft made possible through the internet.

Some users claimed on job applications to have written a white paper about the Bibox digital currency exchange, while another pretended to be a senior software developer at a blockchain technology consultancy. Other suspected North Koreans have made up their employment histories.

The information uncovered by Mandiant supports claims made by the US government in May. The US has issued a warning about North Korean IT professionals attempting to find freelance work abroad while pretending to be someone they are not in order to collect money for government weapons development programmes. As per the US advisory, the so-called IT workers have the kinds of abilities required for complicated work including developing mobile apps, constructing virtual currency exchanges, and mobile gaming.

According to a 16-page US advisory issued in May, North Korean IT professionals “target freelance contracts from employers located in wealthier nations.” They frequently pose as South Korean, Chinese, Japanese, or Eastern European teleworkers with US addresses.

Crypto North Korea Scam
Share. Facebook Twitter LinkedIn Telegram WhatsApp Reddit

Comments are closed.

Must Read

Top BTC ATM maker suffers “highest” security breach; loses over $1.5 million

Nayib Bukule’s approval rating stands at 91%, thanks to Bitcoin

Microsoft plans to develop Crypto and NFT-friendly Web3 wallet for its Edge Browser

US Banks face account openings surge following recent failures; caution arises for Crypto sector

Instagram
Amidst the intense regulatory environment prevailing in Canada, several exchanges including the bigger ones are being forced to move out of the country. Canada has been intending to tighten its authority over the sector and the recent incidents have given it more reasons to do so.
Disney’s recent decision to halt its metaverse plans and axed its metaverse development team to save on costs has been making headlines. According to a reputed news publishing house, the company is implementing a broad restructuring, with roughly 7,000 people expected to be let go over the next months.
In a recent revelation, Cody Harris, a Texas House of Representatives member, proposed a Bitcoin mining bill. The proposed bill recognizes the right to mine Bitcoin in the state, however, it has also added fuel to the inherently controversial topic of cryptocurrency mining in Texas.
Hackers stole almost $195 million in a flash loan assault from the decentralized finance (DeFi) platform Euler Finance, making it the biggest attack of 2023 thus far. The thieves moved the stolen money to two new wallets, one of which contained DAI tokens and Ethereum (ETH) stablecoins.
Crypto by TradingView
Twitter Facebook Instagram LinkedIn
  • About
  • Careers
  • Advertise
  • Privacy
All rights reserved by Todayq Technologies PVT. LTD.

Type above and press Enter to search. Press Esc to cancel.