The US Department of the Treasury has instituted sanctions against five Russian entities and 19 individuals for their involvement in a number of cyberattacks and online efforts to interfere with the US presidential election. The sanctions prohibit US companies and individuals from conducting business with those named by the Treasury Department. "The Administration is confronting and countering malign Russian cyber activity, including their attempted interference in US elections, destructive cyberattacks and intrusions targeting critical infrastructure," Treasury Secretary Steve Mnuchin said in a statement. "These targeted sanctions are a part of a broader effort to address the ongoing nefarious attacks emanating from Russia. Treasury intends to impose additional CAATSA sanctions, informed by our intelligence community, to hold Russian government officials and oligarchs accountable for their destabilizing activities by severing their access to the US financial system."