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Thursday, March 28, 2024

US Hits Russian Firms With Sanctions, Citing Cyberattacks

The Trump administration on Monday slapped sanctions on several Russian companies and businessmen for engaging in cyberattacks and assisting Russia’s military and intelligence services with other malicious activities.

The Treasury Department said it was imposing sanctions on five Russian firms and three executives from one of them under legislation passed last year and an executive order aimed at punishing efforts to hack into U.S. computer systems. The sanctions freeze any assets that they may have in U.S. jurisdictions and bar Americans from doing business with them.

“The United States is engaged in an ongoing effort to counter malicious actors working at the behest of the Russian Federation and its military and intelligence units to increase Russia’s offensive cyber capabilities,” Treasury Secretary Steven Mnuchin said in a statement. He said the sanctions targeted entities that have “directly contributed to improving Russia’s cyber and underwater capabilities” that jeopardize “the safety and security of the United States and our allies.”

Read more at FifthDomain.

US Hits Russian Firms With Sanctions, Citing Cyberattacks Homeland Security Today
Homeland Security Today
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.
Homeland Security Today
Homeland Security Todayhttp://www.hstoday.us
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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