The Strategist

U.S. Treasury Department slaps new sanctions on North Koreans over illegal cyber activities

05/24/2023 - 07:00

The U.S. has levied penalties against four North Korean entities and one individual due to their participation in unlawful cyber activities. According to the U.S. Treasury Department, they are viewed as aiding Kim Jong Un's government.

The Technical Intelligence Bureau, the 110th Research Center, Chinyong Information Technology Cooperation (also known as Jinryong IT Cooperation Company), and Kim Sang Man, a citizen of the DPRK who, according to the United States, resides in Russian Vladivostok, are all subject to sanctions. The latter is thought to have paid salaries to "family members of North Korean Chinyong overseas employees."

The U.S. Treasury Department also extended permissions of four American businesses to conduct business in Venezuela.