The Federal Bureau of Investigation (FBI) and the U.S. Departments of State, Treasury, and Homeland Security issued a joint report Wednesday warning about the dangers of North Korea-backed hackers and offering a reward for information on the state-backed malicious actors.
The joint report draws on a recent UN Security Council report on North Korea’s hacking tactics. Pyongyang is allegedly using hacking operations to raise funds for its weapons and nuclear missile programs, bypassing international sanctions by obtaining the money illegally.
The hackers have targeted banks, cryptocurrency exchanges, and other financial entities, and has engaged in extortion campaigns. The U.S. government is willing to pay up to $5 million for information on North Korea’s hackers, saying that Pyongyang’s hacking represents “a significant threat to the integrity and stability of the international financial system.”
The government also warned companies that may be engaging with North Korean entities that they could be subject to sanctions or seizures of assets.