In the face of rising prices and renewed interest in the cryptocurrency market, North Korean hackers are intensifying their illicit activities, specifically targeting exchanges like Coinbase. CEO Brian Armstrong revealed that the company has had to adapt its policies significantly to counteract these threats from North Korea.
Coinbase CEO Warns Of North Korean IT Workers
Armstrong highlighted the alarming trend of North Korean information technology (IT) workers attempting to exploit Coinbase’s remote work policy to gain employment and access sensitive systems within the exchange.
He noted that the threat posed by these hackers is escalating, reflecting a continuous influx of new talent emerging from North Korea. “It feels like there’s 500 new people graduating every quarter from