WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned ten individuals and two entities for their roles in conducting malicious cyber acts, including ransomware activity. Today’s designations are part of a joint action with the Department of Justice, Department of State, Federal Bureau of Investigation, U.S. Cyber Command, National Security Agency, and Cybersecurity and Infrastructure Security Agency. The individuals and entities designated today are all affiliated with Iran’s Islamic Revolutionary Guard Corps (IRGC). This action continues the series of OFAC designations that aim to protect U.S. persons from ransomware activity, facilitators of ransomware activity, and other cybercrime.
“Ransomware actors and other cybercriminals, regardless of their national origin or base of operations, have targeted businesses and critical infrastructure across the board—directly threatening the physical security and economy of the United States and other nations,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson. “We will continue to take coordination action with our global partners to combat and deter ransomware threats, including those associated with the IRGC.”