08
October
2020
Office of Foreign Assets Control: Making or Facilitating Ransomware Payments May Violate U.S. Sanctions
On October 1, 2020, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) published an advisory that highlights the risk of potential U.S. sanctions law violations if U.S. individuals and businesses comply with ransomware payment demands.1
Ransomware attacks use malware, often injected through phishing schemes, to encrypt a … Read More
