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Ransomware Payments May Violate Sanctions Laws, U.S. Treasury Department Warns

On October 1, 2020, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory to companies that pay a ransom in the wake of a cyberattack. Specifically, the advisory warned that...more

Damaging, but Preventable: WannaCry Report Reveals Vital Cyberattack Prevention Practices

In May 2017, ransomware known as WannaCry affected computers in organizations around the world, encrypting data and demanding “ransoms” of between $300 and $600, payable in Bitcoin. WannaCry spread through organizations’...more

Don't WannaCry? Then You Better Prepare: Advice for Legal and Compliance Leaders in the Wake of a Global Cyberattack

In the aftermath of the WannaCry ransomware attack, all organizations should take the opportunity to examine their cybersecurity protocols with an eye for optimizing practices and mitigating risks. We've outlined action items...more

Don't Get Hooked: Lessons From Yesterday's Phishing Scheme

On May 3, a new phishing scheme ravaged school districts, colleges, universities and media companies. The scheme uses a convincing imitation of an email Google Docs invitation — often received from someone with a seemingly...more

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