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By Securities Docket on October 7, 2020, 9:18 am
With cybercrime on the rise, two U.S. Treasury Department components, the Office of Foreign Assets Control (“OFAC”) and the Financial Crimes Enforcement Network (“FinCEN”), issued advisories on one of the most insidious forms of cyberattack – ransomware. via Ransomware Payments can lead to Sanctions and Reporting Obligations for Financial Institutions | The Anticorruption Blog.
By Securities Docket on October 7, 2020, 9:01 am
Anthem Inc said on Wednesday it would pay $39.5 million as part of a settlement with U.S. states attorneys general following an investigation into a massive cyber-attack at the company in 2015. The second largest U.S. health insurer said a state sponsored criminal group had perpetrated the attack, adding that it does not believe the […]