President Biden Directs New Sanctions in Response to Russian Cyberattacks, Election Interference | Wiley Rein LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
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On April 15, 2021, President Biden imposed several new punitive measures targeting Russia, including a new sanctions executive order (“EO”), EO 14024, a Directive prohibiting certain transactions in ruble-denominated debt involving the Russian government, blocking sanctions on a wide array of individuals and entities, and expelling ten Russian diplomats posted to the U.S. In short, the new EO and new Directive expand the scope of existing U.S. sanctions authorities, as well as impose new sanctions and prohibitions, with respect to Russia.
What you need to know
Of particular and immediate impact for U.S.-person entities and individuals, including U.S. financial institutions, are the new sanctions designations and the new prohibitions, effective June 14, 2021, on dealing in ruble-denominated Russian sovereign debt and loans to the Russian Federation. These new restrictions should be factored into potentially impacted c
IT software firm Ivanti, which acquired Pulse Secure late last year, today confirmed attackers have targeted a limited number of customers using Pulse Connect Secure (PCS) appliances. It has been working with Mandiant, the Cybersecurity and Infrastructure Security Agency (CISA), and others to respond to the exploits, which target three known vulnerabilities and a zero-day.
The three known flaws include CVE-2020-8243, CVE-2020-8260, and CVE-2019-11510, which CISA recently warned is among several CVEs under attack by the Russian Foreign Intelligence Service (SVR) in its efforts to target US and allied networks, including national security and government systems. All of these vulnerabilities were patched in 2019 and 2020, Ivanti says.
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The Biden Administration announced new and significant trade sanctions against Russia. The action was long expected given the Biden Administration’s criticism of Russia, and was a comprehensive response to Russia’s interference in the 2020 US election, its SolarWinds cyberattack and its ongoing occupation of Crimea and threatening addition of troops along the Ukraine border.
Targeting the Harmful Foreign Activities of the Russian Government, authorizing a broad range of sanctions authorities in response to Russian activities designed to undermine free and fair democratic elections; to engage in and facilitate malicious cyber activities against the United States; use transnational corruption to influence foreign governments; pursue extraterritorial activities targeting dissidents or journalists; and violate well-established principles of international law.
White House standing down the government s surge efforts responding to recent cyber hacks Follow Us
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By Ryan Lovelace - The Washington Times - Monday, April 19, 2021
The Biden administration said Monday that it was “standing down” the cyber unified coordination groups created to respond to the hacks of SolarWinds computer network management software and Microsoft Exchange servers.
The decision reflects the Biden administration’s emerging cyber strategy to consolidate cyber responsibilities, which came into focus last week through President Biden’s nominations for the federal government’s first national cyber director and for the lead of the Cybersecurity and Infrastructure Security Agency.