How North Korean hackers stole billions in crypto while posing as VCs, IT workers
FirstpostNorth Korean hacking groups use sophisticated methods to infiltrate targets. One group, dubbed “Sapphire Sleet” by Microsoft, impersonates venture capitalists and recruiters North Korea’s hackers operate under minimal risk due to existing sanctions, which limit the country’s exposure to further penalties. Image Credit: Reuters A new wave of cybercrime linked to North Korea has emerged, with hackers posing as venture capitalists, recruiters, and remote IT workers to steal cryptocurrency and corporate secrets. The Tactics: Fake VCs, recruiters, and IT workers North Korean hacking groups use sophisticated methods to infiltrate targets. Crypto theft funding weapons programs North Korea’s hackers operate under minimal risk due to existing sanctions, which limit the country’s exposure to further penalties.