US Sanctions North Korean Remote IT Worker Front Companies
bankinfosecurityTreasury Also Sanctions Chinese Company for Supplying Tech Equipment David Perera (@daveperera) • January 16, 2025
The U.S. federal government targeted for sanctions a network of North Korean front companies and a Chinese supplier that support a Pyongyang program of planting remote IT workers into Western corporations.
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The Department of the Treasury on Thursday blacklisted two firms it accused of operating cadres of North Korean IT workers in Laos, from where the workers use false identities to obtain employment or freelance work. The companies are Korea Osong Shipping and Chonsurim Trading Corporation.
Also added to the U.S. sanctions list - meaning they are effectively cut off from the Western financial system - are Chonsurim President Jong In Chol and Son Kyong Sik, described by ...
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