Author: Dr. Angelika Hellweger 28 February 2023
With members of the Russian cybercrime group Trickbot being added to the consolidated list under The Cyber (Sanctions) (EU Exit) Regulations 2020, Angelika Hellweger assessed the authorities’ approach to such wrongdoing.
Her article details the accusations that have been made against Trickbot before taking a broader look at the issue of ransomware and sanctions.
Angelika believes there is an increased determination by enforcement agencies to identify and sanction those who are perpetrating cybercrime. There is, she says, increased international cooperation between enforcement authorities in an attempt to tackle such behaviour.
But her article explains why sanctions may restrict the international movement of those involved in cybercrime yet may actually have only a limited effect. Sanctions, she argues, will do little on their own to seriously reduce the threat or attractiveness of ransomware.
Angelika’s article featured in Solicitors Journal.
Angelika is a specialist in international, high-level economic crime investigations and large-scale commercial disputes. She has widely-recognised expertise in representing corporates and conglomerates in Europe, the Middle East, Africa and United States.