#Sanctions

UK disrupts Russian money laundering networks used by ransomware

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December 4, 2024 at 03:25PM The UK’s National Crime Agency disrupted two Russian money laundering networks, arresting 84 suspects in “Operation Destabilise.” These networks, linked to ransomware gangs, laundered millions for cybercriminals. The operation unveiled connections among Russian elites, cybercriminals, and UK drug gangs, highlighting significant international collaboration in tackling such financial crimes. ### Meeting … Read more

Evil Corp hit with new sanctions, BitPaymer ransomware charges

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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

Cambodian Tycoon Sanctioned for Forced Cyber Labor, Trafficking

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September 17, 2024 at 06:11AM Cambodian tycoon Ly Yong Phat, his conglomerate, and O-Smach Resort have been sanctioned by the US Treasury for using forced labor to perpetuate cryptocurrency scams. Workers from various countries were lured under false pretenses, subjected to 15-hour work days, and faced abuse. Sanctions aim to combat cyber scams and address … Read more

Germany names China as source of attack on government geospatial agency

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August 1, 2024 at 02:04AM Germany has accused China-controlled actors of perpetrating a cyber attack on the Federal Office of Cartography and Geodesy in 2021. Minister Nancy Faeser strongly condemned the attack, warning of China’s ongoing cyber offensive. Meanwhile, the US considers further sanctions on tech exports to China, particularly related to high-bandwidth memory, citing … Read more

US sanctions Russian hacktivists who breached water facilities

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July 22, 2024 at 02:23PM The US government imposed sanctions on two Russian cybercriminals, Yuliya Vladimirovna Pankratova and Denis Olegovich Degtyarenko, for cyberattacks on critical infrastructure. Pankratova leads the hacktivist group Cyber Army of Russia Reborn (CARR), while Degtyarenko is the primary hacker. CARR targeted industrial systems at critical infrastructure sites in the US and … Read more

US Sanctions Russian Hacktivists for Targeting Critical Infrastructure

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July 22, 2024 at 10:36AM The US Department of Treasury imposed sanctions on Yuliya Vladimirovna Pankratova and Denis Olegovich Degtyarenko, leaders of the Russian hacktivist group CARR, for cyberattacks targeting critical infrastructure in the US and Europe. CARR’s activities, including compromising industrial control systems, have led to significant security concerns, resulting in sanctions and asset … Read more

Two Russians sanctioned over cyberattacks on US critical infrastructure

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July 22, 2024 at 08:11AM Two members of the Cyber Army of Russia Reborn (CARR) hacktivist crew, Yuliya Vladimirovna Pankratova and Denis Olegovich Degtyarenko, have been added to the US sanctions list for their alleged roles in attacks on US critical national infrastructure. These attacks included remote manipulation of controls and compromising SCADA systems. Other … Read more

EU Sanctions Six Russian Hackers

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June 25, 2024 at 11:15AM The European Council has imposed sanctions on six Russian nationals for cyber activities targeting the EU and Ukraine. This marks the first time the EU has taken such measures against cybercriminal actors using ransomware. The list includes individuals linked to cyberattack groups, and the sanctions freeze their assets while prohibiting … Read more

U.S. Treasury Sanctions 12 Kaspersky Executives Amid Software Ban

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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

Uncle Sam sanctions Kaspersky’s top bosses – but not Mr K himself

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June 21, 2024 at 04:27PM The US Treasury Department sanctioned a dozen executives of Kaspersky Lab due to national security threats, preventing US persons and entities from doing business with them. Despite this, CEO Eugene Kaspersky was spared. The move aligns with previous actions, including a ban on Kaspersky products in US government networks, citing … Read more