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Foreign Assets Sanctions

Foley Hoag LLP - Security, Privacy and the...

Is Paying Ransomware Grounds for OFAC Sanctions? OFAC Says "Maybe"….

On October 1, 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory to alert companies that might pay ransomware attackers of the potential sanctions risks for facilitating...more

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