Companies are increasingly choosing not to pay ransom for ransomware and extortionware due to the growing associated risks. In fact, a recent report by crypto-crime analyst firm Chainalysis found that payments to threat...more
2/2/2023
/ Anti-Money Laundering ,
Audits ,
Cryptocurrency ,
Cyber Attacks ,
Cyber Crimes ,
Cyber Insurance ,
Cybersecurity ,
Know Your Customers ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Ransomware ,
Russia ,
SDN List ,
Securities and Exchange Commission (SEC) ,
Ukraine
Despite your best efforts, you have been hit by ransomware. You are locked out of your system, and you can provide no services to your customers, clients or patients. From a business perspective, you need to get your system...more
8/19/2022
/ Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
FinCEN ,
Force Majeure Clause ,
Hackers ,
NIST ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Ransomware