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Cyber Threats from North Korea and China: Risks and Recommendations  


Author:  Mario Mancuso.; Sanjay Mullick.; Jeremy Iloulian.


Source: Volume 37, Number 03, March 2021 , pp.31-41(11)




Review of Banking & Financial Services

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Abstract: 

In April and May 2020, six different U.S. federal government agencies published two joint advisories regarding cyber threats from North Korea and China. Each advisory provides a summary of the potential risks and threats posed by each country to financial institutions and other sectors, best practices to guard against such risks, and associated legal requirements. The authors discuss these advisories, the practical implications for the private sector, and the U.S. government’s expectations for compliance.

Keywords: Cyber Threat Advisories; Cryptojacking; Digital Currency Money Laundering; Cyber Extortion; Cyberattacks to Breach Public Health Data

Affiliations:  1: Kirkland & Ellis LLP; 2: Kirkland & Ellis LLP; 3: Kirkland & Ellis LLP.

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