Washington (CNN) The US Treasury Department announced new sanctions Thursday on a Russian-based cybercriminal organization called "Evil Corp" for using malware to steal more than $100 million from hundreds of banks and financial institutions. "Treasury is sanctioning Evil Corp as part of a sweeping action against one of the world's most prolific cybercriminal organizations. Our goal is to shut down Evil Corp, deter the distribution of Dridex, target the 'money mule' network used to transfer stolen funds, and ultimately to protect our citizens from the group's criminal activities," he added. The name "Evil Corp" appears to be a reference to the fictional, monolithic corporation in the television series "Mr. While Evil Corp is not named in the indictment, Yakubets is also the organization's leader, according to the Treasury Department.

Source: CNN December 05, 2019 15:48 UTC