U.S. restricts sales to Russian IT security companies and other entities

File Photo: Fence REUTERS / Mike Theiler surrounding the US Department of Commerce in Washington, October 5, 2013

July 16, 2021

Karen Freifeld

(Reuters) -Washington said the Kremlin led the United States on Friday to limit trade over malicious activities with four information technology companies and other groups.

According to a U.S. Department of Commerce post, six entities approved by the U.S. Treasury in April are active in the technology sector supporting Russian intelligence.

US companies may not sell to entities on the Commerce Department list without a license that may be denied.

In April, the Biden administration imposed widespread sanctions on Russia to punish Moscow in a cyberattack, interfered with last year’s US elections, and poisoned Kremlin critic Alexei Navalny and other malicious acts.

The Kremlin denied the claim.

The entity added to the trade blacklist is Aktsionernoe Obshchaestvo AST. Aktsionernoe Obshchestvo Pasit; Aktsionernoe Obshchestvo Pozitiv Teknolodzhiz, also known as JSC Positive Technologies. Federal Autonomous Institution Military Innovation Technopolis Era; Federal Autonomous Scientific Institution Science Institute Professional Security Computing Device and Automation (SVA); and ObshchestvoS Ogranichennoi Otvetstvennostyu Neobit.

Era is a research center and technology park operated by the Russian Ministry of Defense. Pasit is an IT company that has conducted research and development to support the malicious cyber operations of the Russian Foreign Intelligence Service. SVA is a Russian state-owned institution that also supports malicious cyber operations. According to the United States, Russia-based IT security companies Neobit, AST and Positive Technologies have clients, including the Russian government.

Both companies were not immediately asked for comment on Friday.

In May, Positive Technologies said it was planning an initial public offering next year, calling for Treasury sanctions banning cooperation with US financial institutions from being groundless.

The United States adds an entity to the Department of Commerce’s trade blacklist that states it poses a risk to the interests of US national security or foreign policy.

(Report by Karen Freifeld, edited by Howard Goller)

U.S. restricts sales to Russian IT security companies and other entities

Source link U.S. restricts sales to Russian IT security companies and other entities

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