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News/Cyber & AI/Ransomware Victims That Pay Up Could Incur Steep Fines from Uncle Sam
News·Cyber & AI Brief

Ransomware Victims That Pay Up Could Incur Steep Fines from Uncle Sam

The Treasury Department's Office of Foreign Assets Control has issued “Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments,” which warns of penalties for paying or facilitating ransomware payments to entities already sanctioned by OFAC.

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