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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Hacking The Cyber Threat Cybersecurity Leadership Program for Executives and Leaderships

 Executive Summary  The Hacking The Cyber Threat Cybersecurity Leadership Program for Executives and Leaders is a 9 hour comprehensive executive online program comprised of 15 modules designed to transform non-technical business executives into cyber-savvy business executives and leaders. This program…

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Concealing A Data Breach From Management and Cybersecurity Regulators Has Severe Consequences

FBI Charges Former Uber Chief Security Officer With Obstruction of Justice and Misprision of a Felony On August 20, 2020, the FBI charged Uber’s former Chief Security Officer (CSO) withobstruction of justice and misprision of a felony for his role…

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Two Notable U.S. companies Have Been Victimized By Cyber Threat Actors and Ransomware during August 2020

CWT Travel Management Company and Tesla Electric Vehicle Company During the last month, two notable U.S. companies have been victimized by cyber threat actors and ransomware. CWT, a U.S. travel management company, paid a $4.5 million ransom to decrypt 30,000…

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How Important is the Review of a Penetration Test Report by Senior Executives?

HTCT Senior Executive Cybersecurity Leadership Perspective Series #3 Review of an Organization’s Penetration Testing Report As a corporate director or senior executive, have you previously received a penetration testing report from your organization’s executive management team (i.e., Chief Information Officer…

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