The United States Treasury Department on Friday announced sanctions against three state-sponsored North Korean hacking groups for conducting several destructive cyberattacks on US critical infrastructure.
Besides this, the hacking groups have also been accused of stealing possibly hundreds of millions of dollars from financial institutions around the world to ultimately fund the North Korean government’s illicit weapons and missile programs.
The three North Korean hacking groups in question are the well-known Lazarus Group, and its two sub-groups, Bluenoroff and Andariel.
The sanctions announced by the Treasury Department’s Office of Foreign Assets Control (OFAC) claim that all the three groups are “agencies, instrumentalities, or controlled entities of the Government of North Korea” based on their relationship with Pyongyang’s central intelligence bureau called the Reconnaissance General Bureau (RGB).
Specifically, the sanctions aim to lock any foreign financial institution who knowingly facilitated significant transactions or services for these hacking groups and freeze any asset associated with these three groups.
“We will continue to enforce existing US and UN sanctions…