Seriously Risky Business Newsletter
January 25, 2024
Smile! You've Been Sanctioned
Presented by
Policy & Intelligence
The Australian, US and UK governments have upped the ante against cybercriminals by launching coordinated sanctions against a single individual involved in a significant extortion attack.
On Tuesday this week, the Australian government announced financial and travel sanctions targeting Aleksandr Gennadievich Ermakov, a Russian national, for his role in the hack of Medibank Private, an Australian health insurance company.
Australia employed its cyber sanctions regime for the first time in this case. On the same day, the US and UK governments sanctioned Ermakov.