Data Security, Economic Sanctions, Popular

North Korean Scammers are Posing as IT Freelancers: Here’s How You Can Protect Your Business

Fisher Phillips on 5/15/2025

Businesses should be aware of growing security risks from North Korean IT workers targeting freelance contracts from businesses in the U.S. and other countries. Typically, these workers fraudulently claim they are from the US...more

M&A in 2023 and Trends for 2024

Morrison & Foerster LLP on 1/4/2024

M&A activity in 2023 was subdued, as dealmakers grappled with geopolitical tensions, inflation, rising interest rates, and increasing regulatory scrutiny, against a backdrop of general economic uncertainty. Challenges in the...more

Building Ransomware Resilience - A Proactive Strategy for Businesses and Regulators

WilmerHale on 6/2/2023

The rise of ransomware attacks has prompted the international community to explore a range of approaches to deter these attacks, including the use of sanctions, the further development and instantiation of norms governing...more

US sanctions Russian research facility for alleged cybercrimes

Society of Corporate Compliance and Ethics... on 1/11/2021

CEP Magazine (January 2021) - The United States Department of the Treasury’s Office of Foreign Assets Control announced sanctions against the State Research Center of the Russian Federation FGUP Central Scientific Research...more

Ransomware: To Pay or Not to Pay?

King & Spalding on 10/15/2020

Ransomware has emerged as one of the most virulent cybersecurity risks, affecting public and private sector alike. In recent years, ransomware attacks have become more focused, sophisticated, costly, and numerous. Threat...more

OFAC Issues Regulatory Advisory Warning Against Facilitating Ransomware Payments

Bilzin Sumberg on 10/6/2020

On October 1, 2020, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) issued an “Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments.” The Advisory, which does not carry the...more