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Report
Thousands of North Korean IT workers have infiltrated the Fortune 500
Fortune
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8 months ago
The UN estimates the North Korean IT worker scam has generated $250 million to $600 million every year since 2018.
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Tech
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00:00
These are people who are stealing in order to prop up an authoritarian regime that is
00:05
very focused on developing nuclear weapons.
00:13
So the North Korea IT worker scam, it has two prongs. You have the IT workers who are doing
00:19
legitimate jobs and sending their salaries, big portions of their salaries to the government.
00:23
And then you have the other prong, which is involved in data theft,
00:27
cryptocurrency heists and extortion. And then they remit those illicit gains back to
00:32
the North Korean government to fund the nuclear weapons program.
00:39
The strategies they're using to avoid detection are really extreme. I had one source tell me that
00:47
they don't like AI, they love AI, and that it's completely changed the game.
00:51
So a lot of companies have started doing re-verification, showing your government ID,
01:02
a selfie, a short video, giving it back to the company, and then allowing the company to sort
01:07
of geo-locate you, make sure you are where you say you are, and you are who you say you are.
01:13
The reaction from the other side is very telling. Usually the person will panic and block the person
01:23
who is asking them to do that. If they do insult Kim Jong-un, then you know that this is probably
01:29
not a North Korean engineer. I mean, this matters because this is a scheme where you don't, you might
01:37
not necessarily know who you're working with remotely. If you're not seeing them regularly,
01:42
if you're not communicating with them regularly. The other aspect is that this is in furtherance of
01:47
another hostile nation's nuclear weapons program. The stakes are sky high.
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