Skip to main content
Tags: treasury | sanctions | intelligence | cyberattacks

US Treasury Sanctions Firms Aiding Russian Intelligence Cyberattacks

US Treasury Sanctions Firms Aiding Russian Intelligence Cyberattacks
(AP)

By    |   Monday, 11 June 2018 01:35 PM EDT

The Trump administration has sanctioned five Russian companies and three individuals for aiding the Russian intelligence agency's international cyberattacks, Axios reported Monday.

"The United States is committed to aggressively targeting any entity or individual working at the direction of the FSB [Russia's Federal Security Service], whose work threatens the United States and will continue to utilize our sanctions authorities," Treasury Secretary Steven Mnuchin said in statement.

The companies and individuals sanctioned are banned from the U.S. financial system, according to The Hill. In addition, American citizens and business are prohibited from any transactions with them.

The sanctions were issued in accordance with the Russian sanctions law Congress passed last year, as well as a 2015 executive order from the Obama administration targeting cybercrime.

The Treasury already sanctioned FSB itself in March. The FSB was also one of several entities sanctioned by former President Barack Obama in December 2016 in response to Russian hacking of Democratic political organizations during the presidential election campaign that year.

Moscow has repeatedly maintained that it is not involved in any malicious cyber-activities, especially on US territory, according to RT.

The Treasury Department said the latest sanctioned companies and individuals are involved in supporting such activities as the June 2017 NotPetya cyberattack that unleashed a virus that crippled parts of Ukraine's infrastructure and damaged computers in countries across the globe, as well as a multi-year cyberattack campaign on the American energy sector and other elements of critical infrastructure by Kremlin-linked hackers, according to The Hill.

© 2025 Newsmax. All rights reserved.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.

Newsfront
Five Russian companies and three individuals for aiding the Russian intelligence agency's international cyberattacks have been sanctioned by the U.S. Treasury, according to Axios.
treasury, sanctions, intelligence, cyberattacks
249
2018-35-11
Monday, 11 June 2018 01:35 PM
Newsmax Media, Inc.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© 2025 Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© 2025 Newsmax Media, Inc.
All Rights Reserved