The U.S. Treasury has sanctioned an international fraud network used by North Korea to infiltrate U.S. companies with hackers posing as legitimate job seekers, agency officials announced Wednesday.

The sanctions are the latest action taken by the U.S. Treasury in recent months aimed at combating North Korean government workers from seeking employment at American companies using fake identities and documents to apply for jobs. Once employed, the hackers earn a wage from the company, but also steal sensitive company data and extort their employers by demanding a ransom.

In a statement Wednesday , the Treasury said the fraud network generated at least $1 million in profits for the North Korean regime, one of many such schemes that have helped raise billions of dollars in stolen funds ,

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