On May 16, 2022, the U.S. Department of State, U.S. Department of Treasury, and the Federal Bureau of Investigation issued combined guidance on efforts by North Korean nationals to secure freelance engagements as remote information technology workers by posing as non-North Korea nationals.
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Department of Treasury
President Biden Issues Executive Order on Digital Assets
On March 9, 2022, the Biden Administration released its much-anticipated “Executive Order on Ensuring Responsible Development of Digital Assets”. …
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U.S. Department of the Treasury Announces Partnership with Israel to Combat Ransomware
On November 14, 2021, the U.S. Department of the Treasury announced a bilateral cybersecurity partnership with the Israeli Ministry of Finance “to protect critical financial infrastructure and emerging technologies” and combat the use of ransomware. The initiative includes the launch of a U.S.-Israeli Task Force on Fintech Innovation and Cybersecurity (the “Task Force”), which seeks to advance the twin goals of encouraging fintech innovation while protecting against cyber threats from nation-state and criminal actors.
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