OFAC sanctioned three North Korean state-sponsored
cyber groups for engaging in malicious cyber activities against
critical infrastructure.
According to OFAC, the cyber groups, collectively known as
"Lazarus Group," are controlled by North Korea's
primary intelligence bureau, the Reconnaissance General Bureau
("RGB"). The RGB is already subject to U.S. and UN
sanctions. OFAC reported that Lazarus Group uses tactics such as
cyber espionage, data theft, monetary heists and destructive
malware operations against government, military and financial
institutions, as well as critical infrastructure.
As a result of today's action, all property and interests in
property of these entities, and of any entities that are owned,
directly or indirectly, 50 percent or more by the sanctioned
entities, that are in the United States or in the possession or
control of U.S. persons are blocked and must be reported to OFAC.
OFAC regulations also generally forbid all dealings by
