US Sanctions Target North Korean Banking Network Behind Massive Crypto Theft and IT Worker Schemes
United States’ recent sanctions against North Korea’s illicit financial network, which utilizes large-scale cryptocurrency theft (totaling over $3 billion) and fraudulent global IT worker schemes to fund its weapons programs. These sanctions specifically target banks like Ryujong Credit Bank, eight key individuals operating in China and Russia, and entities like Korea Mangyongdae Computer Technology Company for their roles in money laundering and identity fraud that generate hundreds of millions of dollars. The second section, “How Technijian Can Help” and “About Technijian,” shifts focus completely to Technijian, an Irvine-based Managed IT Services provider, which uses the described North Korean cyber threat as a case study to market its sophisticated cybersecurity solutions. Technijian offers services including threat detection, rigorous remote worker vetting, cryptocurrency security, and incident response to help companies in Orange County and Southern California protect against nation-state cyber threats and maintain sanctions compliance. ... Read More
