The U.S. Department of Treasure released an advisory today highlighting that ransomware payments could violate their Office of Foreign Assets Control (OFAC) sanction controls. This advisory drastically changes the dynamic for how companies are managing ransomware response including the payment of ransoms directly or through third party negotiators.
This is an advisory that every CISO, corporate executive, and board of directors member needs to read and understand to prevent criminal liability.
Evil Corp is recovering from charges after several of its members were charged by the US Department of Justice in December. Following the DOJ charges, the group halted most activity. However, new reports detail how they are resuming operations and taking reclaiming their title as one of the biggest malware
Parts of the Petróleos Mexicanos (Pemex) oil company network were taken down after they suffered from a ransomware attack on Sunday. Although the attack was quickly neutralized and had a low quantitative impact on computers within the network, the attackers reportedly demanded a 565 BTC ($4.9 million) ransom, claiming they