US sanctions Chinese individuals over COVID-related fraud, bomb threats

11 months ago 18

The US Treasury on Tuesday sanctioned three Chinese individuals and three

Thai companies

for involvement in a

cybercrime network

that it said made

bomb threats

and fraudulent applications for COVID-related aid, costing the government billions of dollars.
The individuals and the Thai-based companies were sanctioned for activities related to

911 S5 botnet

, a service that compromised computers and resulted in cybercrimes being traced back to victims' computers instead of the perpetrators' devices, the Treasury said.
"These individuals leveraged their malicious botnet technology to compromise personal devices, enabling cybercriminals to fraudulently secure economic assistance intended for those in need and to terrorize our citizens with bomb threats," said the Treasury under secretary for terrorism and financial intelligence, Brian Nelson.
The IP addresses compromised were linked to a number of bomb threats made across the United States in July 2022, according to the release.
Reuters was not immediately able to seek comment from the sanctioned entities or individuals.

Article From: timesofindia.indiatimes.com
Read Entire Article



Note:

We invite you to explore our website, engage with our content, and become part of our community. Thank you for trusting us as your go-to destination for news that matters.

Certain articles, images, or other media on this website may be sourced from external contributors, agencies, or organizations. In such cases, we make every effort to provide proper attribution, acknowledging the original source of the content.

If you believe that your copyrighted work has been used on our site in a way that constitutes copyright infringement, please contact us promptly. We are committed to addressing and rectifying any such instances

To remove this article:
Removal Request