United States offers $5 million rewards for Information on Cyber Attacks launched by North Korea

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For the past 3-4 years, North Korea has been funding Kim Jong’s Nuclear ambition by launching cyber attacks leading to data breaches, stealing cryptocurrencies from exchanges and individual wallets, selling illegal arms to internationally acclaimed criminals such as terrorists, and conducting money laundering crime.

In order to put a full stop to all such crimes, the United States Department of State Rewards for Justice program is offering a $5 million reward to those who offer credible information on the crime conducted by the Democratic People’s Republic of Korea.

A Federal Cyber Threat Advisory was issued on this note against North Korea leaders and supporters who indulge in crimes such as Money Laundering, Cyber Crimes, and Sanctions Evasions.

According to an analysis conducted by Chainalysis, North Korea gained $400 million in the year 2021 by launching cyber attacks on cryptocurrency exchanges and siphoning money from individual accounts. Their aim is to target victims by launching phishing attacks, inducing code exploits, and malware such as ransomware that ensures payment in one way or the other.

As per a joint operation launched by American Intelligence in association with UK’s GCHQ, Lazarus Groups has turned super-active in recent times, despite sanctions pressed on it by the West.

In the year 2017-18 the Department of Justice also imposed a ban on the activities conducted by Lazarus on worldwide note. The ban was imposed as the said North Korea group of hackers were found apparently involved in the spread of Wannacry ransomware, resulting in the operational disruption of over 250,000 computers on a global note.

Despite stringent actions, the criminal group Lazarus and its affiliates haven’t slowed down in attacking their victims by different means.

For this reason, the Fed is now offering a reward to those who offer credible information about those involved in the attacks.

US DoJ is also ready to offer lucrative rewards to persons who offer tip-offs. And they can channel their inputs Via Signal, Telegram, or WhatsApp on the following number: +1-540-760-5089. Personal details of the person contacting the department will keep as a secret (100%).

 

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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