Swiss multinational investment bank UBS says it is not aware of a probe by the US Department of Justice into suspected compliance-related missteps by its subsidiary Credit Suisse that reportedly allowed Russian clients to skirt sanctions.
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The Justice Department announced a series of criminal cases Tuesday tracing the illegal flow of sensitive technology, including Apple’s software code for self-driving cars and materials used for missiles, to foreign adversaries like Russia, China and Iran. Among them: One involving Apple and self-driving vehicle technology.
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A group of Russian hackers known as APT28 also known as Fancy Bear is deploying malware in the West by exploiting what cybersecurity agencies in the U.S. and U.K. call “poorly maintained Cisco routers.”
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Tech giant Cisco not only quit doing business in Russia after the invasion of Ukraine last year. Now Russian media agency Tass is reporting that the company destroyed more than $20 million of equipment and spare parts that remained in the country.
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Russia is making just as much money from energy exports as it was before it invaded in late February. Meanwhile, inflation is surging globally.
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Russian President Vladimir Putin says Russia is rerouting trade to “reliable international partners” like Brazil, China, and India as the West attempts to sever economic ties.
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Cisco Systems will execute an “orderly wind-down” in Russia and Belarus, the company, which maintains a significant RTP presence, announced today.
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Nike posted a note on its official Russian website telling visitors its website and mobile app will “no longer be available in this region” and that its stores “will not reopen.” It had about 100 stores in the country.
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A new report from Microsoft found that state-sponsored Russian hackers continue to conduct “strategic espionage” with targets in 42 countries.
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