• 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 which were imposed because of cyberattacks were placed on five Russian firms and three of their executives
The sanctions which were imposed because of cyberattacks were placed on five Russian firms and three of their executives

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

Google Doodle celebrates diverse cultures for World Cup kickoff

Montopoli, speaking for the Canadian portion of the bid, said only that they had the government guarantees they had required. The intercontinental playoff will be held somewhere in the United States, Canada or Mexico, perhaps in November 2025.

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.

Beyond Good and Evil 2 Trailer Confirms Jade is Back

For more on the future of the long-awaited Beyond Good & Evil 2, be sure to follow OnlySP on Facebook , Twitter , and YouTube . Beyond Good and Evil 2 was confirmed at E3 2017, promising a large-scale galactic experience with space travel and combat.

Taco Bell giving away free tacos for Golden State Warriors win

The chain has partnered with the Major League Baseball for the "Steal a Base, Steal a Taco " promotion continuously since 2015. Free is definitely a good lure, but please don't try stealing tacos any other day than June 13, or you might get arrested.

Tether Directly Used to Manipulate Bitcoin Price, Finds Study

Bitcoin's price reached a record high of $20,000 in December, but its value has since dramatically fallen to $6,300. Bitfinex has denied being involved in any price manipulation schemes.

Voters will decide if California should be split into three states

Those changes address numerous concerns that were raised about the fate of less prosperous states in the six-state model. The rest, including San Diego and the inland desert communities, would become Southern California .

Net neutrality rollback: FCC chairman Ajit Pai responds to critics

Net neutrality repeal - is it the end of the world? Last month, the Senate passed a measure to preserve the net neutrality rules. One day after the net neutrality changes, a federal judge is set to rule on Tuesday on whether AT&T can buy Time Warner .

The moment Harry tells Meghan to curtsy to the Queen

Kate has attended since 2011 and has always worn an outfit that covers her shoulder and sleeves that go past her elbows. Meghan Markle in St George's Chapel, Windsor Castle for her wedding to Prince Harry in Windsor, Britain, May 19, 2018.

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.