Published by Global Banking & Finance Review®
Posted on February 24, 2026
1 min readLast updated: April 2, 2026
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The U.S. sanctioned four people and three entities in Russia and the UAE for trafficking cyber tools that threaten national security. One individual and two entities also received PAIPA designations tied to a $1.3M trade-secrets case.
WASHINGTON, Feb 24 (Reuters) - The United States on Tuesday issued Russia and cyber-related sanctions against four people and three entities, including some based in Russia and the United Arab Emirates, according to the Treasury Department website.
The entities and people were targeted "for their acquisition and distribution of cyber tools harmful to U.S. national security," the Treasury Department said in a statement.
In a corresponding move, the U.S. Department of State said one of the individuals and the two of the entities hit with sanctions were also designated under the "Protecting American Intellectual Property Act (PAIPA) in connection with theft of trade secrets from U.S. persons."
The sanctions are related to a U.S. investigation into a former executive of a government contractor for selling trade secrets to a buyer in Russia - one of the entities hit with sanctions -for $1.3 million.
(Reporting by Costas Pitas; Writing by Daphne Psaledakis; Editing by Christian Martinez)
The U.S. announced cyber-related sanctions on four individuals and three entities linked to Russia and the UAE for trafficking cyber tools that threaten national security.
One individual and two of the sanctioned entities were designated under the Protecting American Intellectual Property Act (PAIPA) in connection with trade‑secret theft.
The measures relate to a U.S. probe of a former executive at a government contractor who sold trade secrets to a Russia-linked buyer for $1.3 million.
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