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Cyber Security

Samsung To Pay $2.3 Million Fine for Deceiving the U.S. Government

Samsung has been charged with deceiving the US government into believing that several of its products met the necessary US government policies. The South Korean electronics giant has agreed to pay the Government $2.3 million in fines to settle the charges of violating trade agreements. Government agencies are only required to purchase products made in the United States or in countries that have a trade agreement with the U.S. Samsung has yet to comment on the settlement. The matter came to light after a former Samsung employee, Robert Simmons, shared the information with the US federal agency.

Source: https://thehackernews.com/2014/08/samsung-fine-us-government.html

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