Henry Norwood

Henry Norwood

October 28, 2020 | Insurance Coverage Law Center

New Ransomware Advisory Warns of Penalties for Ransom Payments

OFAC designates malicious actors under its cyber sanctions program and prohibits U.S. organizations from providing financial payments to these actors, including payments made in response to a ransomware attack.

By Avery Dial and Henry Norwood, Kaufman Dolowich & Voluck LLP

7 minute read