Data Dive

Written and curated by a multidisciplinary group of attorneys, Data Dive delivers key insights on cybersecurity, privacy and other data-related topics impacting organizations across the globe.

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Data Dive

Dec 13, 2021

On September 21, 2021, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) published an updated sanctions advisory, providing guidance to companies on sanctions compliance obligations related to ransomware payments. The bottom line: cyberattack victims should focus on defense and mitigation measures over a policy of paying out ransoms.1

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