US Treasury
US Gov’t Again Threatens to Prosecute Those Who Pay Ransom
On September 21, 2021, the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) once again threatened sanctions against companies for paying ransom in the event that their data or systems were ...
U.S. Treasury’s FinCEN Warns of Medical Scams Exploiting COVID-19
The US Financial Crimes Enforcement Network (FinCEN) is warning companies and financial institutions of a sudden rise in medical scams related to the COVID-19 pandemic, in the first series of alerts regarding ...
U.S. Treasury anticipates surge in fraudulent attempts regarding Economic Stimulus Payments
Last week, the United States government rolled out its highly anticipated Economic Impact Payments (EIP) for qualifying taxpayers. Since the beginning of March, the $2 trillion stimulus package has been on the ...
US Treasury releases guidelines to improve financial regulation, foster tech innovation
On July 31, the US Department of the Treasury called for increased consumer data protection and notification guidelines for national data breaches in its fourth and final report in response to President ...
