Security News > 2020 > April > U.S. Offers Rewards up to $5 Million for Information on North Korean Hackers

U.S. Offers Rewards up to $5 Million for Information on North Korean Hackers
2020-04-15 12:53

The United States agencies today released a joint advisory warning the world about the 'significant cyber threat' posed by North Korean state-sponsored hackers to the global banking and financial institutions.

Besides a summary of recent cyberattacks attributed to North Korean hackers, the advisory-issued by U.S. Departments of State, the Treasury, and Homeland Security, and the FBI-also contains a comprehensive guide intends to help the international community, industries, and other governments defend against North Korea's illicit activities.

Notably, it also mentioned that the U.S. government is now offering a monetary reward of up to $5 million to anyone who can share 'information about illicit North Korea's activities in cyberspace,' including past or ongoing hacking operations.

"To support international efforts to disrupt North Korea's illicit activities, the State Department's Rewards for Justice program offers rewards of up to $5 million for information that leads to the disruption of financial mechanisms of persons engaged in certain activities that support North Korea, including money laundering, sanctions evasion, cyber-crime, and WMD proliferation," the Reward for Justice website says.

Last year September, the United States Treasury Department also issued sanctions against three North Korean hacking groups for conducting several destructive cyberattacks on the U.S. critical infrastructure.


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