Security News > 2022 > July > U.S. Offers $10 Million Reward for Information on North Korean Hackers

The U.S. State Department has announced rewards of up to $10 million for any information that could help disrupt North Korea's cryptocurrency theft, cyber-espionage, and other illicit state-backed activities.

"If you have information on any individuals associated with the North Korean government-linked malicious cyber groups and who are involved in targeting U.S. critical infrastructure in violation of the Computer Fraud and Abuse Act, you may be eligible for a reward," the department said in a tweet.

The amount is double the bounty the agency publicized in March 2022 for specifics regarding the financial mechanisms employed by state-sponsored actors working on behalf of the North Korean government.

The development comes a week after the Justice Department disclosed the seizure of $500,000 worth of Bitcoin from North Korean hackers who extorted digital payments by using a new ransomware strain known as Maui.

Earlier this month, Microsoft warned that a North Korean activity cluster it calls DEV-0530 has been using a custom ransomware strain dubbed H0lyGh0st to successfully compromise small businesses in multiple countries.

"The North Korean government - officially known as the Democratic People's Republic of Korea - employs malicious cyber activity to collect intelligence, conduct attacks, and generate revenue," the U.S. Cybersecurity and Infrastructure Security Agency notes in its advisory.

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