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…

Read More

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…

Read More