Based on our experience in recent client matters, we have seen an escalating threat posed by the Democratic People’s Republic of Korea (DPRK) information technology (IT) workers engaging in sophisticated schemes to evade US and UN sanctions, steal intellectual property from US companies, and/or inject ransomware into company IT environments, in support of enhancing North Korea’s illicit weapons program.
Key DOJ compliance program updates
On September 23, 2024, the Criminal Division of the US Department of Justice (DOJ) announced the latest revision of its Evaluation of Corporate Compliance...