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FinCEN Updates Ransomware Advisory

FinCEN Updates Ransomware Advisory

Posted: Nov 10 2021
The Financial Crimes Enforcement Network has released an updated advisory on ransomware and the use of the financial system to facilitate ransom payments. The updated advisory includes new information on current trends and typologies of ransomware and associated payments as well as recent examples of ransomware attacks.
 
The advisory also provides financial red flag indicators of ransomware-related illicit activity to assist financial institutions in identifying and reporting suspicious transactions associated with ransomware payments.
 
To read more, visit: https://www.fincen.gov/resources/advisories/fincen-advisory-fin-2021-a004
 
 

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