January 31, 2024 at 07:42AM The US Treasury Department imposed sanctions on two Egyptian cybersecurity experts accused of running a platform affiliated with the Islamic State group, offering cyber training and support for evading law enforcement and using cryptocurrencies. The individuals, Mu’min Al-Mawji Mahmud Salim and Sarah Jamal Muhammad Al-Sayyid, are wanted by the FBI … Read more
January 29, 2024 at 12:47PM Middle Eastern cybersecurity firms, connected to Iranian government and specialists, are implicated in cyber attacks on Western democracy, critical infrastructure, and financial institutions. The leaked data points to a network of contractors linked to Iran’s military and intelligence, with expectations of continued operations despite sanctions. Similar arrangements are seen in … Read more
January 24, 2024 at 04:24AM Australia, the U.K., and the U.S. have imposed financial sanctions on Russian national Alexander Ermakov for his alleged involvement in the 2022 ransomware attack on Medibank. The attack resulted in the unauthorized access of 9.7 million customer records, leading the governments to criminalize dealing with his assets and call for … Read more
January 23, 2024 at 08:44AM The Australian government has announced sanctions against Russian national Aleksandr Gennadievich Ermakov for his involvement in the 2022 Medibank hack and ties to the REvil ransomware group. Ermakov was found responsible for stealing personal data from Medibank and is now restricted from operating freely under international scrutiny. Sanctions aim to … Read more
January 8, 2024 at 12:09AM North Korean threat actors plundered over $600 million in cryptocurrency in 2023, amounting to almost a third of all funds stolen in crypto attacks. These financially-motivated attacks support the nation’s weapons programs, with stolen assets typically converted to hard currency. The U.S. Treasury Department’s sanctions have not halted their evolving … Read more
December 8, 2023 at 08:36AM The US and UK have charged and imposed sanctions on two hackers affiliated with Russia’s FSB security service. Takeaways from the Meeting: 1. The United States and the United Kingdom have publicly announced charges against two hackers. 2. These two hackers are purported to be collaborating with Russia’s Federal Security … Read more
December 7, 2023 at 02:39AM A Belgian was arrested for smuggling military electronics from the US to Russia and China. Hans De Geetere, charged in the US, conspired to export controlled items, misleading suppliers, and hiding the end-users. His business and he were added to US sanction lists; he faces lengthy prison terms. Meeting Takeaways: … Read more
December 3, 2023 at 04:11PM North Korean hackers have stolen around $3 billion in cryptocurrency since 2017, targeting exchanges, individuals, and firms. The theft, often led by groups like Kimsuky and Lazarus, funds North Korea’s military and weapons programs. The U.S. Treasury has imposed sanctions on these hacking groups and related entities. Meeting Takeaways: 1. … Read more
November 6, 2023 at 11:20AM Ekaterina Zhdanova, a Russian woman, has been added to the US Treasury’s Specially Designated Nationals And Blocked Persons list for her alleged involvement in money laundering activities on behalf of oligarchs and ransomware criminals. She is accused of moving funds for the Ryuk ransomware operation and helping wealthy individuals hide … Read more
November 1, 2023 at 03:12PM Three Russian nationals have been arrested in New York for smuggling electronics components to sanctioned entities in Russia, some of which were later found on battlefields in Ukraine. The trio sent over 300 shipments valued at over $10 million through front companies, directing them to various countries before rerouting them … Read more