Maksim Yakubets, the group's leader, is linked to Russian intelligence services and is one of the main targets of these sanctions. He has a US$5 million bounty issued by the US for his role in orchestrating these attacks. Evil Corp adapted their tactics over the years, often deploying malware and ransomware, such as the infamous LockBit, to cause widespread damage.

The sanctions, which include asset freezes and travel bans, are a coordinated international effort to cripple Evil Corp’s operations. These measures come amid increasing international focus on combating cybercrime, with global partners working together to disrupt these malicious activities and safeguard public and business interests.

The 16 sanctioned names can be found in the UK’s press release here.

The British Virgin Islands Financial Services Commission, the Cayman Islands Monetary Authority and the Bermuda Monetary Authority have updated their sanctions notices sections to include the UK Office of Financial Sanctions Implementation notice. You can find these updates here, here, and here.