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The designations hit 1VPNS, its alleged Ukrainian administrator and a Belarusian who allegedly sold “cryptors” to disguise ransomware and other malware. The post Treasury sanctions First VPN Service, others for abetting ransomware gangs appeared first on CyberScoop.
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has designated two individuals and a VPN service provider for enabling ransomware actors' and other cybercriminals' malicious activities, including ransomware attacks against Americans
Ransomware attacks continue to slow down, likely due to the invasion of Ukraine, instability in the region, and subsequent worldwide sanctions against Russia. [...]
While ransomware attacks have slowed during Russia's invasion of Ukraine and the subsequent sanctions, the malware threat continues to affect organizations worldwide. [...]
With the US providing military aid to Ukraine and its sanctions damaging the Russian economy, the US government disclosed this week that there is intelligence that Russia is preparing for potential cyberattacks against US interests. [...]
FinCEN warns financial institutions to beware of unusual cryptocurrency payments or illegal transactions Russia may use to evade restrictions imposed due to its invasion of Ukraine.
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. [...]