Tag: Office of Foreign Assets Control – OFAC

Do government sanctions against ransomware groups work?

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Earlier this year, the U.S. government imposed sanctions against Russian national Mikhail Matveev, an FBI most-wanted cybercriminal, who authorities accuse of being a “prolific ransomware affiliate” involved in cyberattacks in the United States and overseas. Authorities say Matveev played a Read More …

DarkSide ransomware’s Iranian hosting raises U.S. sanction concerns

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Ransomware negotiation firm Coveware has placed the DarkSide operation on an internal restricted list after the threat actors announced plans to host infrastructure in Iran. When the DarkSide ransomware operation encrypts a network, their affiliates steal unencrypted files, which they Read More …