Paying Ransomware Demands Could Lead to Federal Fines — for Victim and Insurer Alike
Risk & Insurance - Oct 11, 2020
Companies hit with ransomware cyber attacks are facing a new threat — retaliation from the federal government. Advertisement The Treasury Department’s Office of Foreign Assets Control (OFAC) issued a new advisory stating businesses that pay ransomware demands could be met with penalties. The Tre...
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