OFAC Guidance on Ransomware Payments

The US Treasury Department’s Office of Foreign Assets Control recently issued and advisory bulletin on the potential sanctions risks of making ransomware payments. Payments to certain individuals, organizations, and even regions, may trigger a US sanction against you, possibly exposing you to further criminal and civil action.

Today’s episode discusses ways MSPs can approach ransomware (both internally and on behalf of clients) and we offer specific ways you can protect your MSP practice.

Episode Highlights:

What is the legal exposure of making a ransomware payment?

What steps can your MSP practice take to help protect clients from being a victim to a ransomware attack?

Contractual changes you can implement today to deal with ransomware in general

MSP Zone Guest: Rob Scott, Scott & Scott, LLP