Finance
UK sanctions Russia's Zservers over cyber crimes
Published by Global Banking & Finance Review®
Posted on February 11, 2025
1 min readLast updated: January 26, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 11, 2025
1 min readLast updated: January 26, 2026
The UK sanctioned Russian group Zservers for global ransomware attacks, imposing asset freezes and travel bans in coordination with the US and Australia.
LONDON (Reuters) - Britain sanctioned Russian cyber group Zservers and six of its members on Tuesday, saying they helped facilitate crippling ransomware attacks globally.
The measures, taken in coordination with the U.S. and Australia, will impose asset freezes on Zservers and its UK front company XHOST Internet Solutions LP, and asset freezes and travel bans on the six individuals.
Affiliates of notorious cybercriminal group Lockbit are known to have used Zservers as a launch pad for ransomware attacks, Britain said.
Ransomware attacks, which can compromise sensitive data, disrupt essential services and threaten national security, generated $1 billion from their victims globally in 2023 alone, it added.
"(Russian President Vladimir) Putin has built a corrupt mafia state driven by greed and ruthlessness," Foreign Secretary David Lammy said in a statement.
"It is no surprise that the most unscrupulous extortionists and cyber-criminals run rampant from within his borders."
(Reporting by Sarah Young and Sachin Ravikumar; Editing by Michael Holden)
The UK has sanctioned Russian cyber group Zservers for facilitating global ransomware attacks.
The sanctions were coordinated with the US and Australia.
The sanctions include asset freezes and travel bans on the group and its members.
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