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  • 7 months ago
Amazon said it blocked over 1,800 North Korean IT workers seeking remote jobs as part of overseas schemes to generate and launder funds, highlighting a growing cybersecurity threat across the tech sector.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Amazon said it blocked more than 1,800 North Koreans from joining the company
00:07as the country sends IT workers overseas to earn and launder funds, according to the Hindu.
00:13In a LinkedIn post, Chief Security Officer Stephen Schmidt said,
00:18North Korean workers have sought remote IT jobs with companies worldwide, especially in the U.S.
00:24Amazon saw nearly a one-third rise in such applications over the past year.
00:28He said workers often use laptop farms based in the U.S. and operated remotely from abroad.
00:34Schmidt said the issue extends across the tech industry.
00:38He cited warning signs including incorrect phone formats and questionable academic credentials.
00:44In July, an Arizona woman was sentenced to more than eight years in prison for running a laptop farm tied to the scheme,
00:51which generated over $17 million.
00:53For all things money, visit Benzinga.com.
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