OFAC Archives - Page 6 of 6

Companies Need To Develop Strategic Compliance Program Procedures to Control Third-Party Vendor Risks

December 20, 2022December 19, 2022 by Thomas Canova

Senior management in most organizations in varied market segments recognize they are becoming increasingly reliant on third-party vendors to support critical business functions, but with the providing access to a business’s internal networks comes cyber risks and data breach threats. It is estimated that more than 50% of businesses using third-party vendors have experienced a … Read more

Strategies to Minimize Organizational Third-Party Vendor Risks

September 22, 2022September 22, 2022 by Thomas Canova

Organizations across most market segments are becoming increasingly reliant on third-party vendors to support critical business operations across the board to support a wide array of process and functions. It is estimated that over 50% of businesses using third-party vendors have experienced a data breach involving confidential information. Given the current state supply chain’s impact … Read more

Russian Financial Sanctions Evasion Continues

June 16, 2023September 13, 2022 by Thomas Canova

No doubt, Western Sanctions are beginning to take hold on the Russian Economy. With the Russian Ruble having become one of the world’s most undesirable currencies, Kremlin-connected financiers and oligarchs now have critical overexposure to Western capital markets and financial systems. With key Russian financial institutions, such as Sberbank and VTB, facing extensive Western sanctions, … Read more

Other Pages

Quick Links