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Ransomware took several dark turns in 2021, all intended to magnify its impact. In response, the federal government is waging an all-out offensive against ransomware, and it’s using everything in its arsenal, including Office of Foreign Assets Control (OFAC) sanctions. This is creating a tricky regulatory minefield for organizations targeted by ransomware.
CSI’s annual Banking Priorities Survey asked bank executives across the nation how they perceive their performance against the shifting landscape, including digital transformation, cybersecurity and compliance. Bankers representing diverse roles and institution asset sizes responded, and also shared their top priorities for 2022.