Regulation

The Democratic People’s Republic of Hustle?

Issue 47
October 2024

Author
Donald Pearce
+ About author

Donald Pearce, a retired Special Agent from the US Commerce Department’s Bureau of Industry and Security, is the founder of Sentinel LLC, a consultancy focused on the intersection of international trade, technology, geopolitics, and security, and is also a Senior Advisor in the Global Risk, Monitorship, and Investigations Practice at trade advisory firm, Torres Trade Advisory. don@torrestradeadvisory.com

Running an authoritarian state with illicit nuclear weapons and ballistic missile programs takes capital. And you can’t completely depend on cryptocurrency scams and illicit coal sales to fill the coffers of the Democratic People’s Republic of Korea. It seems that North Koreans are embracing a modern western solution: picking up a remote job as a side hustle.
A recent report from cybersecurity company Mandiant highlights the current trend of North Koreans utilizing overseas digital cutouts, fake...

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