OFAC, UK FCDO, and Australia’s DFAT jointly sanction Russia-based Zservers, a bulletproof hosting provider, for facilitating LockBit ransomware attacks and cybercrime

Under the sanctions, all assets of the blocked individuals and entities within US jurisdiction are frozen and must be reported to OFAC. US persons are prohibited from engaging in transactions with the designated parties or their assets with violators potentially facing civil or criminal penalties. Financial institutions that conduct transactions with these entities could also face sanctions or enforcement actions. This move underscores the ongoing…