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Join the Cybersecurity and Incident Response Group on LinkedInCalifornia DMV hit by data breach, exposing millions of drivers’ personal information to hackers
A billing contractor, the Seattle-based Automatic Funds Transfer Services, was hit by a ransomware attack in early February. The DMV has worked with the organization since mid-2019 “to correct and verify vehicle registration addresses,” according to the department. KFSN in Fresno reports that the affected data includes 20 months’ worth of California vehicle registration records […]
Digital Payment Service Provider Settles with OFAC for Apparent U.S. Sanctions Violations Associated with Digital Currency Transactions | Baker Botts
The BitPay settlement shows that OFAC expects that companies providing digital currency services understand the sanctions risks associated with their activities and take steps necessary to mitigate those risks. In other words, the OFAC compliance obligations for digital payment service providers, such as BitPay, are no different than those of any other financial service provider. […]