Ginger Faulk

Ginger T. Faulk, partner at Eversheds Sutherland, represents multinational companies in matters involving US government regulation of foreign trade and investment. She has extensive experience advising and representing global companies, counseling clients in matters arising under U.S. sanctions, export controls, import and other national security and foreign policy trade-related regulations.

To pay or not to pay? paying ransomware can land your company with U.S. sanctions

Paying that ransom request could land you in legal trouble for sanctions violations

Ginger Faulk

December 16, 2020

The U.S. Department of the Treasury has placed businesses on notice that payment of ransoms to certain cyberattackers could get a company in trouble under U.S. sanctions laws and regulations for helping to finance sanctioned organizations. Sanctions violations carry significant civil and criminal penalties, as well as reputational and other risks. So how should your company handle ransomware?

ON DEMAND: In this webinar, Regina Lester, Vice President of Security & Safety Operations at Toledo Zoo, will share her insights on implementing security technologies in the entertainment sector and the challenges all organizations face — large and small — when it comes to balancing budget and security.

Ginger Faulk

ARTICLES

Paying that ransom request could land you in legal trouble for sanctions violations

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