The Treasury Department on Thursday announced sanctions against Russia implemented under an executive order from President Joe Biden in response to the SolarWinds hack and alleged election interference by the country.

While the bulk of the sanctions target the Russian government, some implement new prohibitions on certain dealings in Russian sovereign debt. Certain technology companies were also targeted for supporting efforts to “carry out malicious cyber activities against the United States,” Treasury said.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...