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Barracuda Networks, Inc. pays OFAC penalty

Campbell, CA
11/24/2015
Fine Amount: 
$38,930
Penalty Type: 
Issued by: 

The Treasury Department's Office of Foreign Assets Control (OFAC) has announced that Barracuda Networks, Inc. (“Barracuda U.S.”), of Campbell, California, has agreed to pay $38,930 on behalf of itself and its United Kingdom subsidiary, Barracuda Networks Ltd. (“Barracuda U.K.”), (collectively “Barracuda”) to settle potential civil liability for alleged violations of the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560; the Sudanese Sanctions Regulations, 31 C.F.R. part 538, and the Syrian Sanctions Regulations, 31 C.F.R. part 542. From August 2009 to April 2012, Barracuda U.K. sold Web filtering products including products that could be used to block or censor Internet activity; internet security products; and related software subscriptions to individuals and entities in Iran and Sudan, and to Specially Designated Nationals and Blocked Persons (“SDNs”) under the Syrian Regulations. In addition, from August 2009 to May 2012, Barracuda U.S. provided the firmware and software updates for these and other software subscriptions.

OFAC determined that Barracuda voluntarily self-disclosed the alleged violations to OFAC, and the alleged violations constitute a non-egregious case. The total transaction value for the alleged violations was $123,586.

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