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OFAC sanctions necessitate improved cybersecurity preparedness and an experienced incident response team

As ransomware incidents skyrocket across the country, the U.S. government continues its efforts to combat cybercrime through all avenues. Most recently, sanctions were levied against a cryptocurrency exchange for facilitating illegal financial transactions to sanctioned entities. The recent sanctions indicate that, more than ever, organizations must take steps to both mitigate risk and properly handle cyber security incidents through an experienced response team when they occur. Read more…