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U.S. Sanctions 3 Cryptocurrency Exchanges for Helping Russia Evade Sanctions
U.S. Sanctions 3 Cryptocurrency Exchanges for Helping Russia Evade Sanctions
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned three cryptocurrency exchanges for offering services used to evade economic restrictions imposed on Russia following its invasion of Ukraine in early 2022. This includes Bitpapa IC FZC LLC, Crypto Explorer DMCC (AWEX), and Obshchestvo S Ogranichennoy Otvetstvennostyu Tsentr Obrabotki Elektronnykh Platezhey (TOEP).
#thehackernews#EN#2024#sanctions#US#cryptocurrency#Russia#exchanges#Bitpapa
·thehackernews.com·
U.S. Sanctions 3 Cryptocurrency Exchanges for Helping Russia Evade Sanctions
Phobos Ransomware Aggressively Targeting U.S. Critical Infrastructure
Phobos Ransomware Aggressively Targeting U.S. Critical Infrastructure
U.S. cybersecurity and intelligence agencies have warned of Phobos ransomware attacks targeting government and critical infrastructure entities, outlining the various tactics and techniques the threat actors have adopted to deploy the file-encrypting malware. "Structured as a ransomware-as-a-service (RaaS) model, Phobos ransomware actors have targeted entities including municipal and county governments, emergency services, education, public healthcare, and critical infrastructure to successfully ransom several million in U.S. dollars," the government said.
#thehackernews#EN#2024#Phobos#Ransomware#CISA#US#Critical-infrastructure
·thehackernews.com·
Phobos Ransomware Aggressively Targeting U.S. Critical Infrastructure