Categories: Technology Facts

Chinese and Russian hackers were just sanctioned by Europe for the first timeon July 30, 2020 at 7:52 pm

The European Union imposed its first-ever sanctions for cyberattacks on Thursday, targeting Russian, Chinese, and North Korean groups connected to several major hacking incidents.

The action, which includes travel bans and asset freezes on individuals and organizations connected to ransomware and industrial espionage, follow earlier sanctions put in place by the United States.

Retaliation for Russian attacks: The most prominent target of EU action is unit 74455 of Russia’s GRU military intelligence service, a group known as Sandworm. It is linked to the NotPetya ransomware attacks, which experts say began as a political attack against Ukraine but then quickly spread across the world and caused over $10 billion in damage. The group is also linked to hacking and turning off the Ukrainian power grid during the winters of 2015 and 2016. The sanctions also targeted four Russian spies linked to a cyberattack on the Organization for the Prohibition of Chemical Weapons, which investigates the use of chemical weapons in Syria.

China’s corporate espionage: In China, two citizens and a company, Haitai Technology Development, were sanctioned in connection with a hacking campaign known as Cloudhopper. The lengthy and sophisticated operation, carried out on behalf of Chinese intelligence services, targeted corporate secrets across six continents and is one of the most expansive espionage operations ever spotted.

North Korea’s worm: The North Korean firm Chosun Expo was sanctioned because of its role supporting WannaCry , the 2017 ransomware outbreak that ripped through IT systems across the globe. The incident famously struck the United Kingdom’s National Health Service and brought down entire hospitals.

“NotPetya and WannaCry were two of the most devastating cyberattacks in history, causing billions of dollars in damage and disrupting many vital systems,” says John Hultquist of the American cybersecurity firm FireEye. “At least one victim of NotPetya has claimed $1.3 billion in damage.”

The Russian, Chinese, and North Korean governments have repeatedly denied involvement in cyberattacks.

Read More

AddThis Website Tools

Recent Posts

Safety Checks Every Arborist Needs To Do Before a Job

Stay safe and professional on every tree job with our tips on gear checks, communication,…

8 hours ago

4 Benefits of Automating Palletizing in Warehouses

Discover how automation enhances warehouse efficiency and productivity. Upgrade your operations to meet modern supply…

1 day ago

5 Signs Your Current Manhole Cover Needs an Upgrade

Upgrade your manhole cover to prevent costly issues. Discover the benefits of durable center access…

1 day ago

How Booster Pumps Can Save Energy and Reduce Costs

Discover how modern booster pumps improve water pressure, save energy, cut costs, and boost efficiency…

1 day ago

Why More People Are Choosing Tiny Homes and RVs

Financial freedom, adventure, flexibility—learn why more single people, retirees, and families are turning to tiny…

1 day ago

The Environmental Benefits of Switching to Reusable Grocery Bags

In the past few years, the movement toward more environmentally friendly ways of life has…

3 days ago