U.S. May Impose Sanctions for Making or Facilitating Ransomware Payments

The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued an advisory warning against making ransomware payments related to cyberattacks. The OFAC warning, issued on October 1, 2020, notes that demands for ransomware payments has increased during the COVID-19 pandemic, and makes clear that such payments are a threat to…

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Post-Quantum Cryptography: The New Legal Standard For Protecting Highly Sensitive Data

On August 22, 2019, the National Institute of Standards and Technology (NIST) hosted its Second Post-Quantum Cryptography Standardization Conference. The core purpose of this Conference series was to standardize one or more quantum-resistant public-key cryptographic algorithms. This is significant, and requires the attention of any legal professional who is engaged in documenting compliance procedures associated…

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Information Durability In Data Storage Agreements

Digital storage systems raise a number of legal issues that are challenging, yet manageable if they are fully understood. One such issue is managing the durability of electronic data when the original paper document is no longer available to remaster the digital image if it were to become lost or inaccessible. Paper is a physical…

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