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Ransomware Is Hitting Hard in 2021: FinCEN

October 26, 2021 by Eugene Grygo

Ransomware Is Hitting Hard in 2021: FinCEN

Sadly, ransomware is hitting its stride in 2021, and is showing no signs of slowing down. While there have been multiple media reports about the rising threat of ransomware, the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, recently provided proof that an increase is underway. The report, “Financial… Read More >>

Filed Under: FTF Bull Run Blog, Derivatives Operations, Securities Operations, Industry News, Middle-Office, Operational Risk, Ops Automation, Risk Management, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), Artificial Intelligence, Digital Transformation, FinTech Trends, Blockchain/DLT, Integration, Standards, Opinion, Minding the Gap, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Cybersecurity, Regulatory Reporting, Economic Sanctions, Social Media, Industry News Tagged With: automation, bitcoin, blockchain, compliance, cryptocurrency, FinCEN, Minding the Gap, operational risk, ransomeware, ransomware attack, Securities Operations

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