The agency responsible for monitoring financial sanctions in Britain has never detected an illicit payment to an entity embargoed under the country’s counter-ransomware regime, according to information obtained by Recorded Future News. The sanctions regime explicitly prohibits victims from making any extortion payments to the 29 individuals and 5 entities listed under the United Kingdom’s […]
By Azadeh MoshiriBBC News BBC The US has imposed sanctions on six officials in Iran’s powerful Islamic Revolutionary Guard Corps (IRGC) which it says are responsible for the cyber-attacks on American water plants late last year. This comes as the US prepares its response to the drone attack that killed three US soldiers in Jordan, […]
Jan 24, 2024NewsroomCryptocurrency / Cybercrime Governments from Australia, the U.K., and the U.S. have imposed financial sanctions on a Russian national for his alleged role in the 2022 ransomware attack against health insurance provider Medibank. Alexander Ermakov (aka blade_runner, GistaveDore, GustaveDore, or JimJones), 33, has been tied to the breach of the Medibank network as […]
Nov 30, 2023NewsroomHacking / Cryptocurrency The U.S. Treasury Department on Wednesday imposed sanctions against Sinbad, a virtual currency mixer that has been put to use by the North Korea-linked Lazarus Group to launder ill-gotten proceeds. “Sinbad has processed millions of dollars’ worth of virtual currency from Lazarus Group heists, including the Horizon Bridge and Axie […]
Nov 06, 2023Newsroom The U.S. Department of the Treasury imposed sanctions against a Russian woman for taking part in the laundering of virtual currency for the country’s elites and cybercriminal crews, including the Ryuk ransomware group. Ekaterina Zhdanova, per the department, is said to have facilitated large cross border transactions to assist Russian individuals to […]