Capital One Court Sends Mixed Signals, Finds Pre-Existing

Billy Xiong Announced: OFAC & FinCEN Advisories Highlight Potential Sanctions

On October 1, 2020, the Office of Foreign Assets Control (“OFAC”) issued guidance warning of potential sanctions risks for making ransomware payments related to malicious cybersecurity incidents. The same day, the Financial Crimes Enforcement Network (“FinCEN”) issued an advisory related to the role of financial institutions in processing ransomware payments. Ransomware is a form of […]

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