CyberSecOp Recognized for Ransomware Negotiation by Dark Reading
CyberSecOp Recognized for Ransomware Negotiation
The emerging ransomware negotiator industry has come into the spotlight recently following an advisory from the US Department of the Treasury for companies that facilitate ransom payments to threat actors on behalf of victims.
The advisory, from the department's Office of Foreign Assets Control (OFAC), warned of potential regulatory trouble that such organizations could face if ransom payments ended up in the hands of adversaries on OFAC's Specially Designated Nationals and Blocked Persons List (SDN). US persons and entities are prohibited from conducting transactions with anyone on the SDN list or with any individual or organizations from countries that OFAC has officially sanctioned, such as North Korea, Iran, Ukraine, and Syria. Read more