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US Treasury sanctions Russians for hacking and election meddling
The US government isn't done taking action against Russians accused of hacking and interference campaigns. The Treasury Department has leveled sanctions against 16 current and former GRU intelligence officers (some of whom were targeted in earlier indictments) for their involvement in multiple campaigns against the US, including the Democratic National Committee hacks, World Anti-Doping Agency hacks and election meddling efforts.
US charges North Korean man linked to Sony hack and WannaCry
The US Treasury Department announced today that it has sanctioned one individual and one group connected to malicious cyber activities perpetuated by North Korea's government. Park Jin Hyok, a computer programmer, was sanctioned today along with Korea Expo Joint Venture, an agency he allegedly worked for. The Treasury Department claims Hyok is part of a conspiracy responsible for the 2014 Sony Pictures hack, the 2016 Bangladesh Bank heist and last year's WannaCry ransomware attack. The Department of Justice also confirmed to reporters that it has charged Hyok with extortion, wire fraud and hacking crimes, according to Motherboard.
US sanctions Russians for cyberattacks and election meddling
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."
U.S. government hits snag printing new $100 bills, prints old ones instead
The U.S. Treasury Department may have been eager to open the doors to its money printing factory back in July to show off its brand new $100 bills, but it looks to be a decidedly different story today. As CNBC reports, all of the added security measures have apparently been harder to print than expected, and have resulted in a creasing problem that has left some bills with a blank portion on the face. The real problem, however, is that it's not clear how many bills have the flaw, which has forced the department to "quarantine" some 1.1 billion bills until they can be sorted -- one person familiar with the matter says as many as 30 percent were affected at the height of the problem. As you might expect, that accounts for a pretty big chunk of the bills intended for circulation, which has forced the fed to print some more of the older $100 bills that still feature Bush Treasury Secretary Hank Paulson's signature in the meantime.
