North Korean FAKER Act

This bill authorizes the Secretary of State to work with allied and partner countries to align sanctions and share information about North Korean schemes that use fake remote information technology workers to raise money. It authorizes the Secretary to engage with private companies, such as cybersecurity firms, financial institutions, and online labor marketplaces, to detect and disrupt these activities. It allows the Secretary to increase rewards offered through the Rewards for Justice Program for information about these schemes and to publicly name schemes and entities linked to North Korea. The Secretary must report to Congress within 180 days and then annually for two years on these activities and the efforts to counter them.

Full text and official record on Congress.gov

Sponsors

• Young Kim Republican sponsor
• 1 cosponsors