U.S. Treasury Sanctions North Korean Kimsuky Hackers and 8 Foreign-Based Agents
Dec 01, 2023
Cyber Espionage / Cryptocurrency
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on Thursday sanctioned the North Korea-linked adversarial collective known as Kimsuky as well as eight foreign-based agents who are alleged to have facilitated sanctions evasion. The agents, the Treasury said , helped in " revenue generation and missile-related technology procurement that support the DPRK's weapons of mass destruction (WMD) programs." The sanctions against Kimsuky, which have been levied for gathering intelligence to support the regime's strategic objectives, come more than four years after the OFAC imposed similar measures against the Lazarus Group and its offshoots Andariel and BlueNoroff in September 2019. The actions are in response to North Korea's launch of a military reconnaissance satellite late last month, the Treasury added. They also arrive a day after a virtual currency mixer service called Sinbad was san...