Be prepared before an audit becomes a reality. Trade enforcement is increasing, and Customs expects companies to demonstrate reasonable care through strong compliance programs and well-documented processes. The best time to identify compliance gaps isn’t during an audit – it’s…
DOJ: Australian Contractor Pleads Guilty to Selling U.S. Cyber Tools to Russia
DOJ: Australian Contractor Pleads Guilty to Selling U.S. Cyber Tools to Russia
An Australian national, who worked for a US defense contractor sold cyber tools to a Russian broker who then sold them to the Russian government. They were meant solely for the U.S. government and allies. Over 3 years, at least 8 components were sold.
The thief pled guilty to two counts of theft of trade secrets. Each of the charges carries a statutory maximum of 10 years in prison and a fine of up to $250,000 or twice the pecuniary gain or loss of the offense.
While the thief made millions in crypto, the theft caused a 35 million dollar loss to the company.
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