NEWS: Italy’s FIU targets gambling firms after a drop in SARs over money laundering fears

Regulatory Watch News

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  Indictment Unsealed Charging Aleksandr Ryzhenkov with Attacks Against Multiple Victims in the United States

  Justice

  October 1, 2024

   

  The Justice Department today unsealed an indictment charging Russian national Aleksandr Viktorovich Ryzhenkov (Александр Викторович Рыженков) with using the BitPaymer ransomware variant to attack numerous victims in Texas and throughout the United States and hold their sensitive data for ransom.

  According to the indictment, beginning in at least June 2017, Ryzhenkov allegedly gained unauthorized access to the information stored on victims’ computer networks. Ryzhenkov and his conspirators then allegedly deployed the strain of ransomware known as BitPaymer and used it to encrypt the files of the victim companies, rendering them inaccessible.

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  Treasury Sanctions Members of the Russia-Based Cybercriminal Group Evil Corp in Tri-Lateral Action with the United Kingdom and Australia

  OFAC

  October 1, 2024

  The United States takes additional action against the Russia-based cybercriminal group Evil Corp, identifying and sanctioning additional members and affiliates

  WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating seven individuals and two entities associated with the Russia-based cybercriminal group Evil Corp, in a tri-lateral action with the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO) and Australia’s Department of Foreign Affairs and Trade (DFAT). On December 5, 2019, OFAC designated Evil Corp, its leader and founder Maksim Viktorovich Yakubets and over a dozen Evil Corp members, facilitators, and affiliated companies pursuant to Executive Order (E.O.) 13694, as amended by E.O. 13757 ).

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  Financial sanctions update: Cyber and Haiti

  OFSI

  October 1, 2024

  On 1st October 2024  the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act. 16 entries have been added to the Cyber financial sanctions regime and are now subject to an asset freeze. Further information can be found in the notice.