U.S. Department of Commerce Seizes Trade with 6 Russian Companies

 

The Department of Commerce restricts trade with four Russian IT and cybersecurity companies together with two additional entities, based on the latest document issued on Friday 16th of July, because of suspicions that these corporations constitute a threat to the US national security. On Friday, six Russian corporations were added to the Department's Entity List, build off sanctions enforced by the Treasury Department in April, claiming these companies and other organizations are in line with or help Russia's intelligence agencies. Since these organizations have appeared on the Entity List, the Department of Commerce will require them to seek a special license to do business with US companies or to receive supplies and components from American companies.The Russian organizations that are now on the list of companies managed by the Commerce Department's Bureau of Industry and Security include:  Aktsionernoe Obschchestvo Past: An IT company that reportedly conducted research and development for the country's Foreign Intelligence Service;  Federal State Autonomous Institution Military Innovative Technopolis Era: A research center and technology park operated by the Russian Ministry of Defense; Federal State Autonomous Scientific Establishment Scientific Research Institute Specialized Security Computing Devices and Automation (SVA): A state-owned institution believed to support malicious cyber activity;  Aktsionernoe Obshchaestvo AST;  Aktsionernoe Obshchestvo Pozitiv Teknolodzhiz, or JSC Positive Technologies;  Obshchestvo S Ogranichennoi Otvetstvennostyu Neobit; As per the Commerce Department, IT companies like, AST, Positive Technologies, and Neobit have also worked with the Russian Government. In April, Treasury Department sanctions indicated Russian technology, security organizations, and research companies reportedly engaging in cyber campaigns with the Russian Foreign Intelligence Service, often referred to as the SVR, as well as other Russia's agencies, which includ ..

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