Minutes after President Joe Biden announced new sanctions on Russian banks and elites, a senior FBI cyber official asked U.S. businesses and local governments to be mindful of the potential for ransomware attacks as the crisis between the Kremlin and Ukraine deepens. Russia is a "permissive operating environment" for cybercriminals -- one that "is not going to get any smaller" as Russia's confrontation with the West over Ukraine continues and further sanctions are announced, the FBI's David Ring said on a phone briefing with private executives and state and local officials, according to two people who were on the call.
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