The press release included examples of Russia's malicious cyber activity, which included the NotPetya attack, attacks against US network infrastructure, utilities, and other disruptive cyber-attacks.
According to Mnuchin, placed under the sanction of the company, "contributed to the improvement of the cyber and undersea capabilities of Russian Federation through their work with FSB".
According to the news portal RBC, Digital Security company engaged in consulting in the field of information security, "Dayvtekhnoservis" specializiruetsya on all types of diving equipment, services, and "scientific research Institute "Kvant" develops and maintains computers and systems for special and civil purposes".
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Furthermore, sanctions apply to Aleksandr Lvovich Tribun, Oleg Sergeyevich Chirikov and Vladimir Yakovlevich Kaganskiy for acting for or on behalf of Divetechnoservices.
The United States imposed new sanctions against Russian companies and individuals in connection with the "cyber threat from organizations working at the direction of Moscow".
The sanctions which were imposed because of cyberattacks were placed on five Russian firms and three of their executives
In addition, Divetechnoservices and three officials of the firm were sanctioned for supplying and supporting the government's underwater capabilities in monitoring and hacking subsea communications cables around the world.
The entities and individuals were designated for aiding Russia's Federal Security Service, or FSB, the powerful intelligence and security agency sanctioned earlier for its role in interfering in the 2016 presidential election.
In the June 11 announcement, the Treasury named a St. Petersburg-based company called Digital Security, accusing it of involvement in efforts "to increase Russia's offensive cyber capabilities".
As previously reported "FACTS", the US Treasury made a decision to impose sanctions against three Russian citizens and five companies of the country.
The FSB, or Russia's Federal Security Service, is the successor to the KGB and is believed to carry out numerous government's cyberattacks. Mikhail Baranov, Digital Security's commercial director, refused to comment on the sanctions, telling The Bell: "It's a odd story".
Polyakov Alexander, founder and CTO of ERPScan has been in contact to say he's baffled by the ban and it appears someone in the Treasury Department has goofed.
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