Search: “us-treasury”

Treasury sanctions alleged Iranian hackers as part of ‘economic D

US Treasury sanctioned four Iranians linked to MOIS-directed hacks that compromised and exfiltrated data from US critical infrastructure, energy, defense, and financial targets.

The Treasury Department designated four Iranian individuals over alleged hacking and cybertheft against US companies in energy, defense, healthcare, IT, and financial sectors since at least late 2023, as part of an 'economic D-Day' sanctions package. It is the second action in weeks against the group, following an indictment of cybercriminals affiliated with Tehran's Mabna Institute; leadership includes Behzad Mesri, first sanctioned in 2018, and the attacks are described as directed by the Ministry of Intelligence and Security (MOIS). Treasury also expanded secondary-sanction categories across digital assets, technology, gold, aviation, and shipping, and noted some group members pursued personal enrichment, including targeting Iranian companies.

CyberScoop·Aug 25, 13:48 UTC · 22d agoPolicy & legal

Lawmakers call on Treasury to sanction hackers-for-hire

Bipartisan US lawmakers asked Treasury to sanction three India-based hack-for-hire firms accused of long-running espionage against Americans.

Sens. Ron Wyden and Sheldon Whitehouse and Rep. Pat Harrigan urged Treasury to add Sunkissed Organic Farms (formerly Appin), BellTroX, and CyberRoot to the Entity List. The letter says the mercenary groups conducted targeted espionage against US citizens, businesses, and lawyers for over fifteen years, allegedly including work for Qatar's government such as targeting opponents of Qatar's World Cup bid and Kristi Rogers, wife of Senate candidate Mike Rogers. Adding the firms to the Entity List would restrict their access to American software, cybersecurity tools, and cloud infrastructure. The lawmakers also accuse the groups of lawfare campaigns to censor investigative reporting on their hacking activities.

CyberScoop·Sep 9, 18:43 UTC · 7d agoThreat actor in the wild

Trump Targets Foreign Technology in New U.S. Power Grid Security Order

Trump's Executive Order 14420 declares a national emergency to restrict foreign-made bulk-power grid equipment over cyber, sabotage and supply-chain risks.

Executive Order 14420, signed August 26, declares a national emergency regarding the foreign supply of bulk-power system electric equipment to the United States. It empowers the Energy Secretary to restrict transactions with designated Covered Foreign Entities involving equipment, software, firmware, digital services, maintenance services, and remote-access capabilities. Covered equipment includes transformers, generators, inverters, RTUs, PLCs, intelligent electronic devices, and protective relays, with transmission rated 69 kV or higher in scope while local distribution is excluded. Already-installed foreign equipment may be subject to identification, isolation, monitoring, or replacement requirements, with phased compliance and pre-qualified vendor exemptions permitted.

Security Affairs·Aug 28, 18:00 UTC · 19d agoPolicy & legal

US Sanctions Mabna Institute Hackers for Iranian Cyber-Attacks

US sanctions individuals tied to Iranian hacking-for-hire group the Mabna Institute over cyber-attacks.

The United States has imposed sanctions on individuals connected to the Mabna Institute, an Iran-based hacking-for-hire group. The move targets the actors behind Iranian cyber-attack operations. Sanctions are a government enforcement action rather than a new technical threat.

Infosecurity Magazine·Aug 25, 09:10 UTC · 22d agoPolicy & legal

US Authorizes Private Cyber Firms to Hack Transnational Criminal Networks

Trump signed a national security memorandum letting vetted private US cybersecurity firms run government-approved offensive cyber operations against transnational criminal organizations.

The August 13 memorandum creates a program managed by the National Coordination Center covering Cyber Surveillance Operations and Cyber Effects Operations against Cyber-Enabled Transnational Criminal Organizations, explicitly excluding entities that are parts of foreign governments. DOJ and DHS executive directors must co-approve every operation in writing, with extra authorization for operations raising laws-of-armed-conflict questions. Participating firms must pass vetting, annual evaluations and hold a $1 million bond or escrow. Operating procedures are due within 60 days, and the unresolved CFAA exemption question is addressed by requiring direct government control.

Security Affairs·Aug 14, 07:14 UTC · Aug 14, 2026Policy & legal

You don’t have to join the hack-back program to inherit its risk

A new US presidential memorandum creates a vetted private hack-back program, leaving participating vendors and their customers with untested legal liability and collateral risks.

The August 12 National Security Presidential Memorandum directs the National Coordination Center, run jointly by DOJ and DHS, to approve covert surveillance and disruptive Cyber Effects Operations by vetted private companies, with a forfeitable bond of at least $1 million required as a contract condition. The analysis argues the criminal shield rests on an untested reading of the CFAA exemption at 18 U.S.C. 1030(f), with no civil safe harbor, no state-law preemption and no foreign-law protection. Non-participating organizations can still inherit risk through shared infrastructure collateral damage, lack of customer disclosure, Lloyd's bulletin Y5381 state-backed attack exclusions, and threat-intelligence pipelines feeding offensive proposals.

CSO Online·09:00 UTC · 13h agoPolicy & legal

US disrupts Xinbi Guarantee marketplace fueling the cyber scam economy

US Treasury sanctions and DOJ seizures take down Xinbi Guarantee, a Telegram marketplace that processed $24B+ for cyber scams, freezing $52.8M.

The Treasury Department sanctioned the Chinese-language Telegram marketplace Xinbi Guarantee and two supporting firms, Anwen Technology (XinbiPay) and SafeW Technology, while the DOJ seized its Telegram channels and $52.8 million in USDT from 52 wallets. Blockchain intelligence firm Elliptic, which assisted the Secret Service, estimates Xinbi has processed at least $24 billion in transactions since 2022, making it the second-largest illicit online marketplace and a cornerstone of Southeast Asian cybercrime. Vendors sold money laundering, stolen personal data, deepfake technology, and other services for pig-butchering scams, with payments in Tether's USDT. The DOJ's Scam Center Task Force also dismantled 13 scam centers in Madagascar, arresting dozens of alleged leaders who were repatriated to China.

The Record·Sep 9, 19:54 UTC · 7d agoPolicy & legal

A Single Canadian Tax Lure Spread into a 46-Country, US-First RMM Campaign

A phishing campaign using fake Canada Revenue Agency tax documents has expanded to 46 countries, with 45% of activity targeting the US via RMM tools.

ANY.RUN analysis traced a campaign that began with fake Canada Revenue Agency (CRA) T4 tax documents and grew into a broader remote-access operation spanning 46 countries. The United States accounts for 45% of observed activity. Attackers impersonate trusted organizations and document types to trick victims into installing remote monitoring and management (RMM) tools.

ANY.RUN·Aug 25, 10:40 UTC · 22d agoPhishing & fraud in the wild

Srsly Risky Biz: Trump's Private Hacker Memo Is the Right Idea

A Trump presidential memo directs DHS to authorize vetted private-sector hackers to conduct cyber operations against foreign cybercriminal groups (CE-TCOs).

A presidential memorandum directs the Department of Homeland Security to establish a program authorizing private companies to conduct cyber surveillance and cyber effects operations against Cyber-Enabled Transnational Crime Organisations (CE-TCOs). Participating companies must pass vetting, obtain government approval before operations, and post a USD $1 million bond. The accompanying fact sheet cites more than USD $20.8 billion in US losses to cyber-enabled crime in 2025. Critics worry about accidental escalation if operations touch foreign government systems.

Risky Business News·Aug 20, 05:29 UTC · 27d agoPolicy & legal1

White House authorizes private US companies to hack foreign criminal networks

Trump memorandum authorizes vetted private US companies to conduct government-supervised offensive cyber operations against foreign criminal networks.

The National Security Presidential Memorandum signed August 12 lets vetted private companies run offensive cyber operations against transnational criminal organizations behind ransomware, phishing and sextortion, under US government oversight. The Homeland Security Task Force's National Coordination Center, led by DOJ and DHS executive directors, must give written approval for both Cyber Surveillance Operations and Cyber Effects Operations. Participating companies must post a $1 million bond or escrow, undergo annual review, and notify authorities if they unintentionally target US persons or systems.

Help Net Security·Aug 13, 00:00 UTC · Aug 13, 2026Policy & legal

Unlimited Technology Systems Data Breach Exposes Data of 3.8 Million Healthcare Patients

Security Affairs·Aug 8, 07:25 UTC · Aug 8, 2026Data breach

House passes bill to equip local law enforcement with scam-fighting tools

The U.S. House passed the GUARD Act, letting local law enforcement use federal grants to investigate financial scams and trace stolen cryptocurrency.

The bipartisan GUARD Act (Reps. Zachary Nunn, Scott Fitzgerald, Josh Gottheimer) passed the House, allowing existing DOJ grant funds to be used for fraud analysts, victim-support training, blockchain tracing software, and financial-information sharing with law enforcement. It addresses scams like pig butchering, often run by transnational criminal groups overseas; Americans lost a record $11.4 billion to crypto-related fraud in 2025, including $8.6 billion in investment fraud. Senators Katie Britt and Kirsten Gillibrand introduced a Senate companion in July 2025, and the House also passed a bill retroactively eliminating the 'scam tax' on stolen funds for 2021-2025 victims.

The Record·18:28 UTC · 4h agoPolicy & legal

'Lake America' makes one thing clear: We can't trust U.S. tech companies

TVO opinion analysis argues the 'Lake America' dynamic shows foreign organizations can no longer trust US tech companies.

An opinion analysis argues that US tech companies can no longer be trusted by foreign customers, coining the framing 'Lake America'. The piece reflects growing concerns around data sovereignty and dependence on US cloud and software providers. No specific incident, breach, or vulnerability is described.

Hacker News · security·Sep 8, 20:40 UTC · 8d agoIndustryHN 23↑ · 8 comments

US, Britain to coordinate on scam center takedowns

The US and UK signed an MOU to jointly investigate Southeast Asian scam compounds behind fraud that stole over $12 billion from Americans last year.

The DOJ and UK's National Crime Agency and Crown Prosecutor signed a memorandum of understanding on Thursday for parallel investigations and information sharing on scam centers, largely run by Chinese gangs using human trafficking victims in compounds across Myanmar, Cambodia, and Laos. The Scam Center Strike Force, with more than 150 personnel from the FBI, IRS, and US Postal Inspection Service, leads the effort; the FBI says cyber-enabled fraud accounted for almost 85% of reported losses, with over $12 billion stolen from Americans last year. An in-person disruption event with private industry partners is planned in London in early October. The initiative follows sanctions on Prince Group and a roughly $15 billion bitcoin seizure linked to its CEO Chen Zhi.

The Record·Sep 4, 15:42 UTC · 12d agoPolicy & legal

FBI Disrupts Chinese Proxy Tools Used in Mass Hacking of US Agencies and Infrastructure

FBI disrupted Chinese state-linked proxy infrastructure used in hacking campaigns against NASA, the Federal Reserve, the US Senate, and other US targets.

The FBI disrupted Chinese proxy tools used in a mass hacking campaign against US agencies and critical infrastructure, according to the DOJ. Targets included NASA, the Federal Reserve, the US Senate, and the Justice Department. The operation dismantled infrastructure that Chinese state-sponsored hackers relied on to obfuscate their access.

WIRED · Security·Aug 26, 17:57 UTC · 21d agoThreat actor in the wild

Trump Authorizes Private Sector Participation in Offensive Cyber Operations

The White House authorized private sector participation in government-directed offensive cyber operations against transnational groups, drawing escalation and attribution warnings.

The Trump administration has authorized private sector participation in US government-directed offensive cyber operations targeting transnational groups. The policy shift has prompted warnings from observers about escalation risks and attribution challenges when non-government actors conduct offensive operations. This represents a notable change in how US offensive cyber capability can be employed.

Infosecurity Magazine·Aug 13, 12:35 UTC · Aug 13, 2026Policy & legal

Treasury urges banks to file cyber scam reports, noting nearly $13 billion in losses since 2023

FinCEN urged banks to report cyber scams after a study found $12.7 billion stolen from US victims of crypto investment scams since 2023.

FinCEN analyzed more than 33,000 cyber fraud incident reports filed by roughly 1,300 financial institutions between September 2023 and December 2025, finding about $12.7 billion in losses to cryptocurrency investment scams across all 50 states. Traditional banks reported about $6.4 billion in suspected scam activity and crypto firms about $5.5 billion. Scam activity is growing, with monthly reports rising nearly 11% as centers expand beyond Myanmar, Cambodia, and Laos. The US later sanctioned Xinbi Guarantee, a Telegram-based marketplace used to launder over $36 billion.

The Record·Sep 10, 21:15 UTC · 6d agoPhishing & fraud

White House Launches Pilot Program in Texas to Protect Water Infrastructure

White House launches Project Watershed 250, giving Texas water providers federal and private-sector cybersecurity resources amid rising nation-state threats to critical infrastructure.

The White House launched Project Watershed 250, a pilot program providing water providers in Texas with federal and private-sector cybersecurity resources. The initiative comes amid rising nation-state threats targeting water utilities and other critical infrastructure in the United States.

Infosecurity Magazine·Sep 1, 12:45 UTC · 15d agoPolicy & legal