The European Union on Thursday imposed travel and financial sanctions on a department of Russia's military intelligence service and on firms from North Korea and China over their suspected participation in major cyberattacks across the world.
In its first ever sanctions related to cybercrime, the EU targeted the department for special technologies of the Russian military intelligence service, known as Main Directorate of the General Staff of the Armed Forces of the Russian Federation, it said in a statement.
The bloc accused the Russian service of having carried out two cyberattacks in June 2017, which hit several companies in Europe resulting in large financial losses. The service is also accused of two cyberattacks against Ukraine's power grid in 2015 and 2016.
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