North Korean imposters present a major issue in IT recruitment, causing significant losses to American businesses. Executive leaders from various organizations, including Fortune 500 companies, report encountering fraudulent applicants, particularly in software development roles. These scams have led to financial damages exceeding $88 million over a six-year period. The increase in awareness is prompting scammers to target not only US companies but also European firms. Techniques such as deepfake videos are employed by these fraudsters to deceive potential employers.
"Almost every CISO of a Fortune 500 company that I've spoken to - I'll just characterize as dozens that I've spoken to - have admitted that they had a North Korean IT worker problem," said Mandiant Consulting CTO Charles Carmakal.
"We have seen this in our own pipelines," added Iain Mulholland, Google Cloud's senior director of security engineering.
These types of scams, largely originating from North Korea, or at least funneling money back to Pyongyang, have cost American businesses at least $88 million over six years, the Department of Justice said last year.
"If they almost fooled me, a cybersecurity expert, they definitely fooled some people," Vidoc Security Lab co-founder Dawid Moczadło told us in an earlier interview.
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