In the latest episode of the Darknet Summary, we return to the topic of the ongoing Russian-Ukrainian war - not to talk about the conflict itself, but rather the impact of international economic sanctions imposed on Russia since they began their full-scale invasion.
Preventing sanctions evasion is something merchants and banks must take more seriously
Sanctions have proven largely successful in denting the Russian economy and impacting its effectiveness in waging war. On the other hand, cybersecurity researchers at Recorded Futures highlight that ongoing sanctions evasion has allowed Russian cybercriminals and even regular citizens to bypass these measures by using the dark web and a few tricks. The result is that eCommerce merchants and banks are being fooled into aiding Russian sanctions evasion - something that could lead to them falling under secondary sanctions.
Nethone’s Intelligence Specialist Michał Barbaś helps explain how Russian sanctions evasion is being committed and how to prevent your businesses from suffering from both financial and legal fallout.
Nethone.com is a fintech company that fights online transaction fraud using its proprietary software solution. In order to keep clients safe, we keep track of what’s happening in the darknet, the sometimes-murky underbelly of the web, where fraudsters exchange the tools and knowledge to plan their criminal activities. That’s why we’ve created this podcast, to share with you what our experts have found during their investigations! This and all our findings are available on our fraud prevention blog and Darknet Summary fraud podcast.