• News
  • World

U.S. Sanctions Russian Companies for 'Malicious' Cyberattacks

U.S. Sanctions Russian Companies for 'Malicious' Cyberattacks

Monday's action also targets the Russian government's underwater capabilities.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

Polyakov states that regardless of this news, they will continue changing "the world by making it better and more secure".

All three individuals added to the SDN list have been targeted by the United States sanctions due to their links to the Divetechnoservice Company, the Russian diving-equipment producer, according to the Treasury.

Today's sanctions by the US Treasury Department come in response to Russian cyberattacks on the US and its allies, including the NotPetya cyberattack. "As of 2015, Digital Security worked on a project that would increase Russia's offensive cyber capabilities for the Russian Intelligence Services", including the FSB, according to the US government.

The official statement said that these designated entities have provided material and technological support to Russia's Federal Security Service (FSB). While at the time the President had called this legislation "seriously flawed", it has been used by the Trump administration to impose sanctions on Russia, Iran, and North Korea.

The sanctions apply to five companies and three Russians.

The Treasury Department said Russian Federation "has been active in tracking undersea communication cables, which carry the bulk of the world's telecommunications data", further blaming Russian Federation for the NotPetya cyberattack that infected computers across the world in 2017, and attacks on the US energy grid. The US used new legislative authority to impose the sanctions to "counter the constantly evolving threats emanating from Russian Federation".

Treasury's Office of Foreign Assets Control (OFAC), which administers sanctions, targeted a Russian cyber firm, two of its subsidiaries, a cyber research center and an underwater technology company for their work for the FSB. "Russia has been active in tracking undersea communication cables, which carry the bulk of the world's telecommunications data". It also includes a diving-equipment production company.

Smart devices security specialist Embedi, based in Berkeley, and enterprise resource planning (ERP) cyber security firm ERPScan, based in Palo Alto - both in California - were added to the official sanctions list on Monday due to being owned by Russian company Digital Security. No mention of their affiliation with Digital Security could be readily found on either of their web sites.

The three sanctioned businessmen are Aleksandr Lvovich Tribun, Oleg Sergeyevich Chirikov, and Vladimir Yakovlevich Kaganskiy; all of whom work for Divetechnoservices.

Leave Your Comment

Leave Your Comment


Latest News

Breaking News



Recommended

Edmonton's chances to host Federation Internationale de Football Association games hinge on provincial funding, mayor says

Nashville was included in the 23 cities involved in the bid , meaning a World Cup game could be played in Music City. The Bid Book contains all of the detail of how we would host the World Cup in either 2018 or 22.

GREAT AGAIN: Fed RAISES 2018 Economic Outlook, HIKES Interest Rates

The Fed is raising rates gradually to keep the economy in check as inflation creeps higher and the job market grows even tighter. Borrowers are likely to see higher bills next month on credit cards and mortgages, especially those with adjustable rates.

Officials hired to tape up Trump papers

Documents would go out to the president and then come back to the staff secretary's office in the same folder for distribution and handling.

Kim Jong-un in Singapore for Summit with Donald Trump

German Chancellor Angela Merkel said she found Trump's tweet disavowing the G-7 statement "a little depressing". Kim arrived at Singapore's commercial airport on an Air China Boeing 747 just more than five hours earlier.

Former heavyweight champion Fury wins on boxing comeback

Just boxing again was an achievement for Fury, whose life span out of control after ending Klitschko's nine-and-half year reign. So easy that Fury could afford to joke about it early on and glance out at a scuffle taking place in the crowd.

Italy Summons French Envoy After Macron Blasts Refusal to Accept Migrant Ship

629 migrants were stranded on the high sees before Spain stepped in to take the ship, which was refused by both Italy and Malta. SOS Mediterranee and Medecins sans Frontieres (MSF), co-operating the Aquarius, are both well-known French charities.

CD Projekt Red lifts lid on Cyberpunk 2077

You can enjoy some new artwork below, showing scenes and player character samples for a male and female V. These multi-floor behemoths will include their own societies, vendors, quest givers and more.

Kim summit signals new breakthrough and echoes past problems

Frames from the video showing Donald Trump , Kim Jong Un , and an inset of the " Destiny Pictures " credit. POTUS's praise of Kim prompted Baier to ask why he would say such nice things about a "killer".

NCAA announces transfer, redshirt rule changes

Upon being entered into the database, college coaches will be allowed to contact the athlete freely and without permission. Under the new guidelines, athletes will simply notify their current school of their desire to transfer.

Half of Americans approve of Trump's handling of North Korea - Reuters/Ipsos poll

On Wednesday morning, he took to Twitter to claim there was "no longer" a nuclear threat posed by the North Korean regime. FILE PHOTO: North Korea's leader Kim Jong Un listens to U.S.