October 1, 2024 at 12:37PM The United States, United Kingdom, and Australia have imposed new sanctions on the cybercrime syndicate Evil Corp, with the US indicting an individual for conducting BitPaymer ransomware attacks. The sanctions target both individuals and entities associated with Evil Corp, freezing assets and prohibiting transactions with businesses based in the US, … Read more
September 26, 2024 at 11:52AM The U.S. Treasury Department sanctioned Cryptex and PM2BTC, accusing them of laundering funds for Russian ransomware groups and cybercrime. The exchanges allegedly facilitated transactions for threat actors and failed to maintain anti-money laundering measures. These actions are part of a broader international effort to disrupt Russian cybercrime networks. U.S. citizens … Read more
June 22, 2024 at 02:18AM The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on 12 senior leaders of Kaspersky Lab after the company was banned by the Commerce Department over national security concerns. The sanctions do not extend to the company itself or its founder. Russia has criticized the … Read more
June 21, 2024 at 01:34PM The US Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned twelve Kaspersky Lab executives for their involvement in the Russian technology sector, following the Biden administration’s ban on sales and software updates for Kaspersky antivirus software in the USA. The sanctions include asset freezes and restrictions on conducting … Read more
April 24, 2024 at 09:45AM The U.S. Treasury Department sanctioned two firms and four individuals for cyber activities on behalf of the Iranian IRGC-CEC. The DoJ unsealed an indictment against the individuals for cyber attacks targeting the U.S. government and private entities. A reward of up to $10 million was announced for information leading to … Read more
April 23, 2024 at 02:43PM The Treasury Department’s OFAC has sanctioned four Iranian nationals for cyberattacks against the U.S. government and defense contractors. Two front companies and top officials from the Iranian Armed Forces service have also been targeted. The Justice Department has charged individuals involved in the cyber campaign and is offering rewards for … Read more
March 26, 2024 at 05:09AM The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on three cryptocurrency exchanges for aiding in circumventing economic restrictions on Russia following its invasion of Ukraine. The designations cover thirteen entities and two individuals operating in the Russian financial services and technology sectors, freezing their … Read more
March 25, 2024 at 05:26PM The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Bitpapa and Crypto Explorer for dealing with OFAC-designated Russian entities, Hydra Market and banks. The move aims to disrupt Russian attempts to evade sanctions. The sanctions freeze assets and prohibit transactions involving the designated entities, posing risks to engaging parties. … Read more
February 4, 2024 at 12:19PM The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) imposed sanctions on six Iranian intelligence officials connected to cyber attacks on critical infrastructure in the U.S. and abroad. The officials, including Reza Lashgarian, are linked to the Iranian Revolutionary Guard Corps Cyber-Electronic Command. The attack involved hacking into programmable … Read more
February 1, 2024 at 09:55AM The US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned three individuals linked to ISIS. Egyptian nationals Mu’min Al-Mawji Mahmud Salim and Sarah Al-Sayyid established the Electronic Horizons Foundation, providing cybersecurity training for ISIS. Faruk Guzel from Turkey facilitated money transfers for the group. Sanctions aim to impede ISIS’s online … Read more