Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Joshua Mooney and Linda Perkins of White and Williams Courtesy photo Joshua Mooney and Linda Perkins of White and Williams Courtesy photo

Between a rock and a hard placea very bad Rolling Stones song, and a place ransomware victims and their insurers may be finding themselves in soon. On Oct. 1, the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) in the U.S. Department of the Treasury collectively issued a pair of advisories warning ransomware victims, their insurers, and their incident response teams of potential sanctions for facilitating a ransomware payment.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 3 articles* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

Law Firms Mentioned


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.