Mon.Oct 26, 2020

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OFAC Warns Companies About Facilitating Ransomware Payments

Troutman Sanders

Importantly, companies that suspect a ransomware-related attack with potential OFAC sanctions compliance risk should immediately contact OFAC, in coordination with the Treasury Department’s Office of Cybersecurity and Critical Infrastructure Protection, to ensure that their response does not violate OFAC sanctions or harm U.S.