In the Biden Administration’s continuing effort to reduce the risk of cybersecurity spyware from foreign adversaries, including Russia, the United States Department of Commerce (Commerce) issued a final rule (Rule) on June 16, 2023, entitled “Protecting Americans’ Sensitive Data from Foreign Adversaries” and also amended a previously issued rule (“Securing the Information and Communications Technology
Office of Foreign Assets Control
OFAC Issues Advisory on Sanctions for Facilitating Ransomware Payments
By Linn Foster Freedman on
Posted in Coronavirus, Cybersecurity
On October 1, 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory “to highlight the sanctions risks associated with ransomware payments related to malicious cyber-enabled activities.”
The advisory acknowledges that the incidents of ransomware attacks on U.S. companies have risen during the COVID-19 pandemic. Although the advisory does…
Trans Union Hit with Largest FCRA Verdict to Date
By Linn Foster Freedman on
Posted in Enforcement + Litigation
Trans Union, LLC, one of the largest credit reporting agencies in the United States has been hit with a verdict by a California jury for $60 million, which is the largest verdict under the Fair Credit Reporting Act (FCRA) to date.
The class action complaint was filed in 2012 and alleged that Trans Union credit…