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US targets North Korean IT worker army with new sanctions

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two individuals and two companies associated with North Korean IT worker schemes that operate at the expense of American organizations. These schemes involve placing in U.S. firms skilled tech workers with stolen or fabricated identities and using so-called “laptop farms” to hide the true location of the employees. The workers funnel their earnings to the DPRK regime to fund the regime's weapons program. They also often

US sanctions North Korean firm, nationals behind IT worker schemes

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned three North Korean nationals and a company for supporting fraudulent IT worker schemes that generated illicit revenue for the Democratic People’s Republic of Korea (DPRK) government. The sanctioned company is named Korea Sobaeksu Trading Company, and the three North Korean individuals are Kim Se Un, Jo Kyong Hun, and Myong Chol Min. North Korea’s IT worker schemes involve placing skilled tech workers i