As multiple reports surface that question North Korea’s role in the cyber attacks against Sony Entertainment, U.S. President Barack Obama has authorized additional sanctions against North Korea for that attack. Obama sanctions against North Korea The sanctions are targeted at ten North Korean government officials and three named state entities. The three entities sanctioned, according to a Treasury Department press release, include the Reconnaissance General Bureau (RGB), North Korea’s primary intelligence agency; the Korea Mining Development Trading Corporation (KOMID), which the release says is really North Korea’s primary arms dealer and main exporter of goods and equipment related to ballistic…
Obama Administration Imposes Sanctions on North Korea for Sony Cyberhack
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.