Tag #Sichuan Silence

What are the immediate consequences of the US sanctions against Sichuan Silence and Guan Tianfeng?

The US Treasury Department sanctioned Sichuan Silence, a Chinese cybersecurity firm, and its researcher Guan Tianfeng, for a 2020 cyberattack targeting 81,000 firewalls globally, including 23,000 in the US. The attack involved malware designed for data theft and ransomware deployment, potentially causing significant harm, including loss of life, as seen with a US energy company's compromised drilling operations. US banks and companies are now banned from doing business with them.