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The U.S. Department of Treasury has reissued its Cyber-Related Sanctions Regulations for OFAC in their entirety, one suspects to make OFAC clearer, reducing complexity.
This document may make for bedtime reading. But its important bedtime reading for organisations that deal with or are targeted by individuals, organisations and nation state on the sanctions lists, and the response they make to remediate cyber incidents. It sets out the scope, definitions, oversight, assurance, prohibitions and sanctions for OFAC and cyber.
WARNING: This is not light reading.
Ted Dziekanowski
#ofac #cybersecurity #theaugustagroup
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