The Consequences To An Organization’s Board Of Directors, Executive Management, and Internal Audit Function As A Result Of A Cyber Breach Of Their Organization’s Cloud Environment

What is the cost of a cyber breach of an organization's insecure cloud environment? On July 19, 2019, Capital One reported during March 2019 a cyber threat actor gained access to their infrastructure via a configuration vulnerability.  The cyber threat…

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Payment of Ransomware Extortion May Lead to U.S. Treasury Sanctions Against Companies Facilitating Ransomware Payments

U.S. Department of Treasury’s OFAC Advisory on Potential Sanctions Risk for Facilitating Ransomware Payments  On October 1, 2020, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory on the potential sanctions risks for facilitating ransomware…

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