The OFAC is issued an advisory to highlight the sanctions risks associated with ransomware payments related to malicious cyber-enabled activities. (Photo: Yanawut Suntornkij/Shutterstock)

A recent advisory notice issued by the Office of Foreign Assets Control (OFAC) won't necessarily put more direct pressure on organizations to ascertain the identities of bad actors behind ransomware attacks. But it could force risk teams and the companies they serve to overcome their reluctance toward voluntarily approaching the FBI or other law enforcement agencies in the wake of a cyberattack.

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Frank Ready

Frank Ready is a reporter on the tech desk at ALM Media. He can be reached at [email protected].

Investigative & Forensics
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