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Stock impact report

Treasury sanctions Russian zero-day broker accused of buying exploits stolen from U.S. defense contractor [TechCrunch]

L3Harris Technologies, Inc. (LHX) 
Last l3harris technologies, inc. earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: TechCrunch
Officials with the U.S. Treasury told TechCrunch that the government was imposing sanctions against the brokers of zero-days — security vulnerabilities in software that are unknown to its developer but can be abused to hack people — as they pose a threat to U.S. national security, foreign policy, and economy. The first sanctioned company is Operation Zero, a Russian firm that launched in 2021. The company made headlines in 2023 when it announced that it was offering up to $20 million for zero-days in Android devices and iPhones, and later announced that it was offering up to $4 million for zero-days in Telegram. The company claims to work exclusively with the Russian government and local organizations. The Treasury's Office of Foreign Assets Control (OFAC) said that Operation Zero's customers “could use the tools to launch ransomware attacks or engage in other malign activities.” The Treasury said it's also sanctioning the company's founder, Sergey Zelenyuk, who officials accus Show less Read more
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