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Google Uncovers North Korean Infiltration in European Crypto Firms

  • North Korean-linked IT workers have expanded their operations to target crypto, blockchain, and web development projects in the UK and Europe, according to a report by Google's Threat Intelligence Group (GTIG). These individuals have infiltrated remote roles to generate revenue for the North Korean regime.
  • GTIG's investigation revealed fraudulent personas used by the workers, who have taken on roles in various blockchain and technology projects, including smart contract platforms and AI integration through blockchain.
  • The report highlights the existence of facilitators in the UK, supporting the broader infrastructure for the workers. Hiring these individuals poses risks such as data theft, espionage threats, and internal disruption for crypto companies.
  • There is evidence of recruitment manipulation and facilitation of falsified passports. The infiltration of blockchain and crypto firms may continue if not addressed, prompting European organizations to strengthen identity verification procedures and monitor remote staff.

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