Tag: treasury department
3 articles
Treasury Targets Iranian Hackers Tied to US Critical Infrastructure Breaches
The Treasury Department has taken a bold step, calling it an "economic D-Day," by imposing sanctions on five Iranian hackers linked to a string of brazen cyberattacks on US critical infrastructure, government offices, and digital assets. This move is part of a broader effort to isolate Iran and cut off its revenue streams.
Senate Intel Chair Urges Treasury to Bolster OT Security with Tax Code Tweaks
The US is under attack, with recent breaches hitting community water systems in Minnesota and Iran-backed threats targeting critical infrastructure, prompting Sen. Tom Cotton to urge the Treasury Department to take action. He’s calling on Treasury Secretary Scott Bessent to use tax code tweaks to boost investment in operational technology security.
Treasury Disrupts Ransomware Networks with Sanctions on VPN Service
The US Treasury Department has cracked down on a notorious VPN service, 1VPNS, and its alleged administrators, sanctioning them for enabling ransomware groups to launch devastating attacks on US companies and institutions. This move disrupts the cybercriminal ecosystem, cutting off a key tool used to hide attack origins, deploy malware, and manage stolen data.