Friday, January 4, 2019

If Spies Rip You Off Due to Your Own Gross Negligence

S. Korea - The government decided to increase penalties against those who illegally transfer technology.

Under the currently law, the penalty for committing espionage involving core national technologies is a maximum of 15 years in jail. The government plans to change the duration to at least three years, with no limits...
Information security gross negligence. (Murray Associates case history photo)
Regardless of whether the offense was intentional or the result of gross negligence, the guilty party will have to pay treble damages, while the government will seize all gains realized from the illegal transfer. more
 ...very similar to a cunning plan for the United States, first proposed in 2012.