North Korean hackers stole billions crypto posing as VCs, recruiters, IT workers

North Korean hackers posing as venture capitalists, recruiters and remote IT workers have stolen billions of dollars in cryptocurrency to fund the regime's weapons programs, security researchers warned at Cyberwarcon in Washington, D.C. Microsoft security researcher James Elliott said North Korean IT workers have infiltrated "hundreds" of organizations by creating false identities and relying on U.S.-based facilitators to handle company-issued laptops and earnings. Microsoft said one group, "Sapphire Sleet," used fake meetings and skills assessments to install malware that stole at least $10 million in cryptocurrency over six months.