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    Archive for Ransomware

    Companies may be sanctioned if paying Ransomware

    October 2nd, 2020 by

    US govt warns of sanction risks for facilitating ransomware payments

    “The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) today said that organizations that assist ransomware victims to make ransom payments are facing sanctions risks as their actions could violate OFAC regulations.”

    Posted in Ransomware | No Comments »

    Ransomware shuts down a small company

    January 4th, 2020 by

    Company shuts down because of ransomware, leaves 300 without jobs just before holidays

    “An Arkansas-based telemarketing firm sent home more than 300 employees and told them to find new jobs after IT recovery efforts didn’t go according to plan following a ransomware incident that took place at the start of October 2019.”

    Posted in Malware, Ransomware | No Comments »