On Tuesday, May 28, the U.S. Treasury Department imposed sanctions on three Chinese nationals and three Thai companies for their involvement in a cybercriminal network that sent bomb threats and fraudulent aid applications in connection with the coronavirus pandemic, costing the country billions of dollars. This is reported by Reuters.
Individuals and companies have been targeted for activities related to the 911 S5 botnet, a service that hacked computers and allowed cybercrimes to be traced to victims’ computers rather than to attackers’ devices.
Also Read: China wishes to change its economic model this time
Under Secretary for Terrorism and Financial Intelligence at the US Treasury Brian Nelson said, “These individuals used their malicious botnet technology to compromise personal devices, allowing cybercriminals to fraudulently obtain economic assistance intended for those in need and terrorize our citizens with mine threats.”
Also Read: The Biden Administration pressures allies not to conflict with Iran over the nuclear program
In July 2022, a number of bomb threats across the United States were connected to compromised IP addresses, according to the report.
As previously reported, the US government cited national security concerns when adding 37 Chinese companies to its trade blacklist. Washington claims that 11 of those businesses were involved in the Chinese spy balloon incident that occurred in the US last year.
Also Read: Suddenly America played the ban in the hands of China
