Australia: Russian man Aleksandr Ermakov has been sanctioned over the Medibank data breach


The Australian government has used Magnitsky-style sanctions for the first time to punish Russian man Aleksandr Ermakov over what it says is his role in the 2022 Medibank Private data breach.

Foreign Minister Penny Wong, Home Affairs Minister Clare O’Neil and Deputy Prime Minister Richard Marles made the announcement on Tuesday morning. But what exactly are the sanctions, what impact could they have and how effective are these laws in curbing cyber crime?

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Source: ABC News