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US hits Russian firms with sanctions, citing cyberattacks
12 June 2018, 08:58 | Glen Norman
US tech companies sucked into Russian sanctions row
The Treasury Department said it was imposing sanctions on five Russian firms and three executives from one of them under legislation passed previous year and an executive order aimed at punishing efforts to hack into USA computer systems. In detailing the fresh sanctions, the announcement specifically pointed to attacks on the U.S. power grid and the 2017 NotPetya that targeted Ukraine and other parts of the world as examples of Russian cyberattacks. Much of it is redacted The Hill's Morning Report - Sponsored by PhRMA - Primary results give both parties hopes for NovemberMORE said in a statement Monday that the targets of the new sanctions helped FSB improve its cyber and underwater operations "and therefore jeopardize the safety and security of the United States and our allies".
Polyakov has confirmed that he worked for Digital Security and that one of the owners of ERPScan is an owner of Digital Security, but continues to stress that the two companies are not affiliated with each other.
This story is breaking and will be updated.
The sanctions freeze property and assets under USA jurisdiction and seek to lock those named out of global financial networks.
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The three Russian individuals who were sanctioned are Aleksandr Lvovich Tribun, Oleg Sergeyevich Chirikov, and Vladimir Yakovlevich Kaganskiy.
OFAC slapped sanctions on a firm called Digital Security and two subsidiaries for their work on an unspecified project "that would increase Russia's offensive cyber capabilities" for agencies including FSB, the Treasury Department said.
The Office of Foreign Assets Control (OFAC) also listed Israel-headquartered company Embedi for links to Digital Security - whose websites describes it as a information security consultancy - although the statement did not provide details on the alleged relationship. "Russian Federation has been active in tracking undersea communication cables, which carry the bulk of the world's telecommunications data", it said.
Three individuals and five Russian businesses have been placed on the sanctions list by the US Treasury for having provided material and technological support to the Federal Security Service (FSB).
Polyakov Alexander, founder and CTO of ERPScan has been in contact to say he's baffled by the ban and it appears someone in the Treasury Department has goofed. "We are a software company focused on helping to protect ERP systems".
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