"Matthew Isaac Knoot, from Nashville, Tennessee, and Erick Ntekereze Prince, of New York, were each sentenced to 18 months in prison in separate cases, the Justice Department reported Wednesday. Prince and Knoot will also face three years and one year of supervised release, respectively, after their prison terms."
"While the cases were different, the crimes were largely the same, with both Knoot and Prince misrepresenting themselves as either an American IT worker, or a company offering IT services performed by Americans, respectively. Both won jobs to perform IT work for US-based companies, and both provided space for company-owned laptops in their home or office, where remote access software was installed to allow North Koreans to work from overseas while appearing to be located in the States."
"According to the DoJ, the pair generated more than $1.2 million in fraudulent revenue for North Korea, some of which was paid to them for their participation in the scheme. Knoot reportedly earned $15,100, which he will have to pay back as restitution to the companies and to the government; Prince will have to give back approximately $89,000 he got from Kim Jong Un's government."
"Between them, Prince and Knoot forced the nearly 70 US companies they victimized to spend $1.5 million to audit and remediate their devices, systems, and networks to eliminate all traces of the Nork intruders."
Matthew Isaac Knoot and Erick Ntekereze Prince were sentenced to 18 months in prison for hosting company laptops used by North Korean IT workers to remotely infiltrate US companies. Both misrepresented themselves as American IT workers or as providers of IT services performed by Americans. They obtained jobs to perform IT work for US-based companies and provided space for company-owned laptops in their homes or offices. Remote access software was installed so North Koreans could work from overseas while appearing to be located in the United States. The scheme generated more than $1.2 million in fraudulent revenue for North Korea, with some payments going to Knoot and Prince. US companies spent $1.5 million on audits and remediation to remove traces of the intrusions.
#cybercrime #north-korea-linked-hacking #remote-access-intrusion #fraud-and-impersonation #us-company-remediation
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