Update on OFAC Cyber Sanctions List: Hydra and Garantex
April 7, 2022
On April 5, 2022, the U.S. Department of Treasury Office of Foreign Assets Control (OFAC) sanctioned darkweb Hydra Marketplace and virtual currency Garantex and added both to the Specially Designated Nationals...
Update: Ransomware: To Pay or Not to Pay
December 2, 2020
Three recent events are prompting me to update our previous blog post on the difficult decision of whether to pay or not to pay ransomware following an attack [view related post]....
OFAC Issues Advisory on Sanctions for Facilitating Ransomware Payments
October 2, 2020
On October 1, 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory “to highlight the sanctions risks associated with ransomware payments related to...