Russia slaps sanctions on UK IT sector

Moscow has blacklisted 22 British government officials, members of the IT sector and legal service market as a measure of retaliation, the Russian Foreign Ministry said in a statement. Those blacklisted particularly include employees of British companies, namely Micro Focus, Read More …

Microsoft Announces Suspension of Cloud Services in Russia Amid EU Sanctions

Microsoft has announced that it will suspend access to its cloud services for companies based in Russia, effective March 20. This move comes as a direct response to the European Union’s 12th package of sanctions against Russia, specifically EU regulation Read More …

Binance CEO pleads guilty to money laundering charges

The Binance chief executive, Changpeng Zhao, has resigned after pleading guilty to money laundering violations. The Justice Department said it was requiring Binance, the largest crypto-exchange in the world, to pay $4.3bn (£3.4bn) in penalties and forfeitures. It said Binance Read More …

Do government sanctions against ransomware groups work?

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 …

US charges crypto founders over alleged support for North Korean hackers

The United States has charged two cofounders of the cryptocurrency mixer Tornado Cash with money laundering and other crimes a year after authorities banned the Russian-founded platform over its alleged support of North Korean hackers. Roman Semenov and Roman Storm Read More …

Intellexa and Cytrox are latest spyware firms to face U.S. wrath

The Biden administration struck its latest blow against foreign spyware makers on Tuesday, placing two Europe-based companies on its list that restricts U.S. companies’ business dealings with them. Greece-based Intellexa and the Hungarian company Cytrox are now on the Commerce Read More …

North Korea Using Social Engineering to Enable Hacking of Think Tanks, Academia, and Media

The Federal Bureau of Investigation (FBI), the U.S. Department of State, and the National Security Agency (NSA), together with the Republic of Korea’s National Intelligence Service (NIS), National Police Agency (NPA), and Ministry of Foreign Affairs (MOFA), are jointly issuing Read More …

UK cracks down on ransomware actors

Seven Russian nationals have assets frozen and travel bans imposed ransomware is a tier 1 national security threat, with attacks against businesses and public sector organisations increasingly common. Recent victims include UK schools, local authorities and firms – whilst internationally Read More …

US bans Huawei, ZTE equipment sales amid Chinese spying fears

The Biden administration has banned approvals of new telecommunications equipment from China’s Huawei Technologies and ZTE because they pose “an unacceptable risk” to US national security. The US Federal Communications Commission said on Friday it had adopted the final rules, Read More …