Collaborate Disseminate
Blender was used to launder $20.5 million of the $620 million which the Department of Treasury alleges North Korean hackers stole in March.
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“By operating vast server farms that sell virtual currency mining capacity internationally, these companies help Russia monetize its natural resources,” the Treasury Department said in a statement.
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The Cybersecurity and Infrastructure Security Agency is attributing the campaign to hackers known as the Lazarus Group.
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The address received $600 million in Ethereum and other digital currency during the March attack, crypto-tracking company Chainalysis said.
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The list also includes Evgeny Viktorovich Gladkikh, the researcher indicted for creating the malware, which targets industrial control systems.
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DHS would get the biggest slice of the federal cybersecurity budget request at $2.6 billion.
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The incident reporting legislation, long in the works, also comes with nearly $2.6 billion for the agency for fiscal 2022.
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As banks and other financial institutions work to honor the U.S. sanctions against Russia and monitor for efforts to evade them, the feds are warning that ransomware proceeds could be in the mix. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued guidance this week on the responsibility that private institutions have for detecting “sanctions evasion activity” and reporting it under the Bank Secrecy Act and other laws. The alert comes as federal lawmakers have expressed concern about the use of crypto to evade sanctions, and Bloomberg is reporting that the Biden administration is preparing an executive order on the topic this week. At least one big player in the cryptocurrency industry, the trading platform Coinbase, already has expressed a commitment to supporting sanctions from the U.S. and other nations looking to punish Russia for its invasion of Ukraine. Coinbase said it had blocked 25,000 accounts linked to Russian people […]
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The Biden administration is requesting additional funds from Congress to help Ukraine with its digital defenses, strengthen cybersecurity in Europe and enhance U.S. capabilities to respond to the fallout from the Russian invasion. The overall fiscal 2022 supplemental request, sent to Capitol Hill this week, seeks $10 billion in Ukraine-related needs and $22.5 billion in funding related to COVID-19. Among the bigger pots of cybersecurity-focused funding the administration is requesting is $1.25 billion for the Defense Department to assist Ukraine with support on “operational surges across multiple national defense components, including accelerated cyber capabilities, weapons systems upgrades, increased intelligence support, and classified programs.” A $1.75 billion request for the State Department to provide economic aid to Ukraine includes support for “continuity of government” and resilience work, including cybersecurity and efforts to counter disinformation. Other funds sought for Ukraine assistance include Department of Energy money to evaluate cybersecurity needs for connecting Ukraine’s […]
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The Biden administration on Thursday sanctioned Russian oligarchs and organizations for their role in spreading disinformation and supporting Russian President Vladimir Putin’s war in Ukraine, among them a news agency the Treasury Department says has ties to a Russian cyber-espionage and offensive unit. The sanctions targeted nine employees of InfoRos, a nominal news agency primarily run by the GRU, which controls the Russian military intelligence service and operates its own special forces units. According to the Treasury Department, the GRU’s 72nd Main Intelligence Information Center, a unit within Russia’s Information Operations Troops, functions as Russia’s “military force for conducting cyber espionage, influence, and offensive cyber operations” and is InfoRos’ operator. In a news release, the Treasury Department said InfoRos is a network of more than 1,000 websites which “spread false conspiracy narratives and disinformation promoted by GRU officials.” For example, in early December, 2021, Treasury officials said one Ukraine-based InfoRos […]
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