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OFAC Issues Updated Guidance On Ransomware Payments - Technology - Vimarsana News

OFAC Issues Updated Guidance On Ransomware Payments - Technology

On September 21, 2021, the U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC") issued an "Updated Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments" (the "Updated Advisory").

Source: mondaq.com
OFAC Makes Waves in Fight Against Ransomware, but Practical Effects Unclear | Davis Wright Tremaine LLP - Vimarsana News

OFAC Makes Waves in Fight Against Ransomware, but Practical Effects Unclear | Davis Wright Tremaine LLP

On September 21, 2021, the U.S. Department of the Treasury announced two major actions by the Office of Foreign Asset Control (OFAC) to combat ransomware: the release of OFAC's Updated...

OFAC Issues Updated Advisory on Sanctions Risks for Facilitating Ransomware Payments | Morgan Lewis - Vimarsana News

OFAC Issues Updated Advisory on Sanctions Risks for Facilitating Ransomware Payments | Morgan Lewis

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an “Updated Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments.” This...

OFAC's Updated Ransomware Advisory for Virtual Currency - Vimarsana News

OFAC's Updated Ransomware Advisory for Virtual Currency

The US Department of the Treasury’s Office of Foreign Assets Control OFAC issued an Updated Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments the Updated Advisory guidance on ransomware attacks and added a virtual currency exchange.

Ransomware on the Rise in Critical Infrastructure Sector | King & Spalding - Vimarsana News

Ransomware on the Rise in Critical Infrastructure Sector | King & Spalding

To embed, copy and paste the code into your website or blog: Recent ransomware attacks against U.S. critical infrastructure, which includes the energy sector’s production of oil and natural gas, and other sources of electricity and power, have shed a spotlight on the importance of staying updated on sector-specific techniques, tactics and procedures (“TTPs”), and preventative and remediation actions. This Client Alert will: (1) provide a brief background on the nature and risks of ransomware on critical infrastructure; (2) discuss the current ransomware threat landscape; (3) note legal ...