Tag Archives: insurance providers

Security expert Brian Krebs has provided an in-depth explanation of why the U.S. government is discouraging ransomware victims from paying their extortionists. “In its advisory (PDF), the Treasury’s Office of Foreign Assets Control (OFAC) said “companies that facilitate ransomware payments to cyber actors on behalf of victims, including financial institutions, cyber insurance firms, and companiesContinue reading “Ransomware Victims That Pay Up Can Be Fined by Government”