Tag Archives: Office of Foreign Assets Control

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

October 1, 2020
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Companies victimized by ransomware and firms that facilitate negotiations with ransomware extortionists could face steep fines from the U.S. federal government if the crooks who profit from the attack are already under economic sanctions, the Treasury Department warned today.

Trade Sanctions Cited in Hundreds of Syrian Domain Seizures

May 8, 2013
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In apparent observation of international trade sanctions against Syria, a U.S. firm that ranks as the world’s fourth-largest domain name registrar has seized hundreds of domains belonging to various Syrian entities, including a prominent hacker group and sites associated with the regime of Syrian President Bashar al-Assad.