Latest Sanctions news

Evil Corp switches to LockBit ransomware to evade sanctions

The Evil Corp cybercrime group has now switched to deploying LockBit ransomware on targets' networks to evade sanctions imposed by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC).
- Sergiu Gatlan
- June 02, 2022
- 04:35 PM
- 0
Dell, Apple, Netflix face lawsuits for pulling services out of Russia

A Moscow Arbitration Court has reportedly seized almost $11 million belonging to Dell LLC after the company failed to provide paid-for services to a local system integrator.
- Bill Toulas
- May 09, 2022
- 02:59 PM
- 1
UK sanctions Russian microprocessor makers, banning them from ARM

The UK government added 63 Russian entities to its sanction list on Wednesday. Among them are Baikal Electronics and MCST (Moscow Center of SPARC Technologies), the two most important chip makers in Russia.
- Bill Toulas
- May 07, 2022
- 11:12 AM
- 0
Russian hackers are seeking alternative money-laundering options

The Russian cybercrime community, one of the most active and prolific in the world, is turning to alternative money-laundering methods due to sanctions on Russia and law enforcement actions against dark web markets.
- Bill Toulas
- April 22, 2022
- 02:33 PM
- 0
U.S. Treasury sanctions Russian cryptocurrency mining companies

The U.S. Department of the Treasury has announced a new package of sanctions targeting parties that facilitate evasion of previous measures imposed on Russia.
- Bill Toulas
- April 21, 2022
- 12:02 PM
- 0
Binance tells Russian users with over €10k to withdraw everything

Binance has announced some significant changes in its services for Russia-based users, which mark the company's effort to align with European Union's fifth wave of sanctions against Russia.
- Bill Toulas
- April 21, 2022
- 09:26 AM
- 1
GitHub suspends accounts of Russian devs at sanctioned companies

Russian software developers are reporting that their GitHub accounts are being suspended without warning if they work for or previously worked for companies under US sanctions.
- Bill Toulas
- April 16, 2022
- 10:04 AM
- 8
US eases sanctions that may lead to Russia's Internet isolation

Today, the U.S. has announced exemptions on previously imposed sanctions on Russia related to telecommunications and internet-based communications, likely to prevent Russians from being isolated from Western news sources.
- Bill Toulas
- April 08, 2022
- 09:43 AM
- 3
Intel shuts down all business operations in Russia

US chipmaker Intel announced Tuesday night that it had suspended all business operations in Russia, joining tech other companies who pulled out of the country due to the invasion of Ukraine.
- Lawrence Abrams
- April 05, 2022
- 11:57 PM
- 1
HackerOne kicks Kaspersky’s bug bounty program off its platform

Bug bounty platform HackerOne disabled Kaspersky's bug bounty program on Friday following sanctions imposed on Russia and Belarus after the invasion of Ukraine.
- Sergiu Gatlan
- March 25, 2022
- 12:16 PM
- 2
Russia faces IT crisis with just two months of data storage left

Russia faces a critical IT storage crisis after Western cloud providers pulled out of the country, leaving Russia with only two more months before they run out of data storage.
- Bill Toulas
- March 15, 2022
- 12:52 PM
- 4
Russia creates its own TLS certificate authority to bypass sanctions

Russia has created its own trusted TLS certificate authority (CA) to solve website access problems that have been piling up after sanctions prevent certificate renewals.
- Bill Toulas
- March 10, 2022
- 11:06 AM
- 3
US Treasury: Russia may bypass sanctions using ransomware payments

The Treasury Department's Financial Crimes Enforcement Network (FinCEN) warned U.S. financial institutions this week to keep an eye out for attempts to evade sanctions and US-imposed restrictions following Russia's invasion of Ukraine.
- Sergiu Gatlan
- March 09, 2022
- 11:41 AM
- 0
Piracy OK: Russia to ease software licensing rules after sanctions

The Russian authorities are drafting a set of measures to support the country's economy against the pressure of foreign sanctions, and when it comes to software licensing, the proposal greenlights a form of piracy.
- Bill Toulas
- March 07, 2022
- 11:19 AM
- 0
US sanctions former Ukrainian official for helping Russian cyberspies

The U.S. Treasury Department announced today sanctions against Volodymyr Oliynyk, a former Ukrainian official, for collecting and sharing info on critical Ukrainian infrastructure with Russia's Federal Security Service (FSB).
- Sergiu Gatlan
- January 20, 2022
- 11:37 AM
- 0
Hackers hit Iran's Mahan airline, claim confidential data theft

One of Iran's largest privately-owned airlines, Mahan Air, has announced a cybersecurity incident that has resulted in its website going offline and potentially data loss.
- Bill Toulas
- November 22, 2021
- 01:30 PM
- 0
US sanctions NSO Group and three others for spyware and exploit sales

The U.S. has sanctioned four companies located in Israel, Russia, and Singapore for the development of spyware or the sale of hacking tools used by state-sponsored hacking groups.
- Lawrence Abrams
- November 03, 2021
- 11:19 AM
- 0
Evil Corp demands $40 million in new Macaw ransomware attacks

Evil Corp has launched a new ransomware called Macaw Locker to evade US sanctions that prevent victims from making ransom payments.
- Lawrence Abrams
- October 21, 2021
- 03:07 PM
- 0
U.S. to sanction crypto exchanges, wallets used by ransomware

The Biden administration is expected to issue sanctions against crypto exchanges, wallets, and traders used by ransomware gangs to convert ransom payments into fiat money.
- Lawrence Abrams
- September 17, 2021
- 05:49 PM
- 0
Ransomware gang threatens to wipe decryption key if negotiator hired

The Grief ransomware gang is threatening to delete victim's decryption keys if they hire a negotiation firm, making it impossible to recover encrypted files.
- Lawrence Abrams
- September 15, 2021
- 02:22 PM
- 1