European Union imposes sanctions for cyber-attacks

European Union imposes sanctions for cyber-attacks”

They also included suspects said to be involved in the major cyber assaults known by the nicknames "WannaCry", "NotPetya" and "Operation Could Hopper".

EU's sanctions include asset freezes and travel bans, and forbid European Union organizations and individuals from transferring to sanctioned people and entities. "It is also prohibited to directly or indirectly make funds available to listed individuals and entities or bodies". Two Chinese individuals allegedly involved in the attacks were also sanctioned.

The Council decision published today in the Official Journal of the European Union mentions Unit 74455 of Russia's foreign military intelligence service as one of the entities sanctioned today, an espionage unit whose members were also charged for hacking the Democratic Congressional Campaign Committee (DCCC) and the Democratic National Committee (DNC), in 2016, before the US Presidential Election.

The best known of the targeted entities is the Main Centre for Special Technologies, a unit of the Main Directorate of the General Staff of the Armed Forces of the Russian Federation - better known as the GRU.

European Union foreign policy chief Josep Borrell said the measures announced Thursday were needed "to better prevent, discourage, deter and respond to such malicious behaviour in cyberspace".

North Korean company Chosun Expo was also sanctioned on suspicion of having supported the Lazarus Group, which is deemed responsible for a series of major attacks worldwide, including an $81 million (£61.74 million) heist against Bangladesh Bank's account at the Federal Reserve Bank of NY in 2016, the world's biggest cyber fraud. The service is also accused of two cyberattacks against Ukraine's power grid in 2015 and 2016.

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The watchdog was investigating reports that Russian-backed Syrian forces carried out chemical attacks when alleged GRU agents were intercepted trying to penetrate the agency's wifi from a hire vehicle parked near its headquarters. The UK was at the forefront of efforts to establish the EU Cyber Sanctions regime and will continue to implement this regime at the end of the Transition Period, through our own autonomous UK Cyber Sanctions regime.

"Bad behavior in cyberspace should incur consequences".

"Today's actions will raise the cost on malicious cyber activity by state and non-state actors and will help counter future hostile activity in cyberspace", said British Foreign Secretary Dominic Raab.

Chinese organisation Tianjin Huaying Haitai Science and Technology Development Co. It says they gained access to commercially sensitive data.

It is alleged to have carried out cyber-theft from the Bangladesh Bank and attempted cyber-theft from the Vietnam Tien Phong Bank.

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