Tags: Iran | Trump Administration | Treasury | Sanctions | Cyberattacks

Treasury Dept. Sanctions 11 for Cyberattacks on US Financial System

Image: Treasury Dept. Sanctions 11 for Cyberattacks on US Financial System
(Reuters)

Thursday, 14 Sep 2017 02:58 PM

The Treasury Department on Thursday announced that it had designated 11 entities and individuals for engaging in support of designated Iranian actors or malicious cyber-enabled activity against the U.S.

The persons or entities sanctioned include:

  • One entity engaging in activities in support of Iran’s Islamic Revolutionary Guard Corps (IRGC) ballistic missile program.
  • Two Ukraine-based entities providing support to designated airlines, including one affiliated with the IRGC.
  • Two Iran-based networks responsible for malicious cyber-enabled attacks against the U.S. financial system.

The department said the targets were the result of executive orders designed to catch proliferators of weapons of mass destruction and their means of delivery and their supporters, terrorists and those providing support to terrorists and acts of terrorism, and persons engaging in significant malicious cyber-enabled activities.

"Treasury will continue to take strong actions to counter Iran’s provocations, including support for the IRGC-Qods Force and terrorist extremists, the ongoing campaign of violence in Syria, and cyber-attacks meant to destabilize the U.S. financial system," Treasury Secretary Steven Mnuchin said in a release on the department's website.

"These sanctions target an Iranian company providing material support to the IRGC’s ballistic missile program, airlines that support the transport of fighters and weapons into Syria, and hackers who execute cyber-attacks on American financial institutions," Mnuchin said.

All property and interests in property of those designated subject to U.S. jurisdiction are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.

In addition, foreign financial institutions that facilitate significant transactions for, or persons that provide material or certain other support to, the entities and individuals designated today risk exposure to sanctions that could sever their access to the U.S. financial system or block their property and interests in property under U.S. jurisdiction.

© 2017 Thomson/Reuters. All rights reserved.

   
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The Treasury Department on Thursday announced that it had designated 11 entities and individuals for engaging in support of designated Iranian actors or malicious cyber-enabled activity against the U.S....
Treasury, Sanctions, Cyberattacks
289
2017-58-14
Thursday, 14 Sep 2017 02:58 PM
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