FinCEN Combats Ransomware

Joint Cybersecurity Advisories & Alerts

• MedusaLocker | Joint Cyber Security Advisory with FBI, CIA, and Treasury (June 30, 2022)
• Karakurt Data Extortion Group | Joint Cyber Security Advisory with FBI, CISA, and Treasury (June 1, 2022)
• Indicators of Compromise Associated with AvosLocker Ransomware | Joint Cyber Security Advisory with FBI and Department of the Treasury (March 17, 2022)

FinCEN Advisories

• Advisory on Ransomware and the Use of the Financial System to Facilitate Ransom Payments (November 8, 2021)
• Advisory to Financial Institutions on Cyber-Events and Cyber-Enabled Crime (October 25, 2016)

FinCEN Alerts

• FinCEN Advises Increased Vigilance for Potential Russian Sanctions Evasion Attempts (March 7, 2022)

FinCEN Notices

• FinCEN Asks Financial Institutions to Stay Alert to COVID-19 Vaccine-Related Scams and Cyberattacks (December 28, 2020)

Enforcement Actions

• Assessment of Civil Money Penalty against BitMEX (August 10, 2021)
• Assessment of Civil Money Penalty against BTC-e (July 26, 2017)

Reports

• Financial Trend Analysis:  Report on Ransomware Trends in Bank Secrecy Act Data between July 2021-December 2021 (November 1, 2022)
• Financial Trend Analysis:  Report on Ransomware Trends in Bank Secrecy Act Data between January 2021-June 2021 (October 15, 2021)

News

• FinCEN Provides Financial Institutions with Red Flags on Potential Russian Sanctions Evasion Attempts (March 7, 2022)
• FinCEN Announces $100 Million Enforcement Action Against Unregistered Futures Commission Merchant BitMEX for Willful Violations of the Bank Secrecy Act (August 10, 2021)
• FinCEN Holds Second Virtual FinCEN Exchange on Ransomware (August 10, 2021)
• FinCEN Issues First National AML/CFT Priorities and Accompanying Statements (June 30, 2021)
• FinCEN Asks Financial Institutions to Stay Alert to COVID-19 Vaccine-Related Scams and Cyberattacks (December 28, 2020)
• FinCEN Fines BTC-e Virtual Currency Exchange $110 Million for Facilitating Ransomware, Dark Net Drug Sales (July 27, 2017)
• FinCEN Holds Virtual FinCEN Exchange on Ransomware (November 12, 2020)

Speeches

• Prepared Remarks of FinCEN Deputy Director AnnaLou Tirol, Delivered Virtually at AML Intelligence's Women in FinCrime Event (March 3, 2022)
• Prepared Remarks of FinCEN Acting Director Him Das, Delivered Virtually at the American Bankers Association/American Bar Association Financial Crimes Enforcement Conference (January 13, 2022)
• Prepared Remarks of FinCEN Director Kenneth A. Blanco, delivered virtually at the American Bankers Association/American Bar Association Financial Crimes Enforcement Conference (December 10, 2020)
• Prepared Remarks of FinCEN Director Kenneth A. Blanco, delivered at the Consensus Blockchain Conference (May 13, 2020)
• Prepared Remarks of FinCEN Director Kenneth A. Blanco, delivered at the 12th Annual Las Vegas Anti-Money Laundering Conference (August 13, 2019)
• Prepared Remarks of FinCEN Director Blanco at the NYU Law Program on Corporate Compliance and Enforcement (June 12, 2019)

Testimony

• Testimony of Thomas P. Ott, Associate Director, Enforcement Division, before the House Committee on Financial Services (June 20, 2018)