June 17, 2021 | Media Mentions
The mortgage industry is low-hanging fruit for extortionists given the amount of personally identifiable information lender/servicers house about customers — “People who create ransomware are making it available to others [in return for a share of the proceeds],” Ken Mendelson said. “The barrier to entry has been reduced.”
May 20, 2021 | Podcasts
Dan Burstein, general counsel and chief compliance officer at Paxos Trust Company, and Julie Myers Wood continue their discussion on the increasing openness of banking regulators to allow traditional financial institutions to offer cryptocurrency payment services.
In this episode, Dan and Julie provided insight into regulatory trends as traditional financial institutions move into the digital asset space, the associated compliance issues, blockchain monitoring, addressing the travel rule, and increased enforcement actions.
Missed Part 1? Listen to Banking on Crypto Part … Read More
May 6, 2021 | Podcasts
Dan Burstein, general counsel and chief compliance officer at Paxos Trust Company, joined Julie Myers Wood for a discussion on the increasing openness of banking regulators to allow traditional financial institutions to offer cryptocurrency payment services. Dan and Julie talk more about this upward trend, OCC guidelines, outsourcing the crypto function versus bringing it in-house, as well as the growth of Paxos, a New York-based financial technology company specializing in blockchain.
April 21, 2021 | Podcasts
Kenneth Mendelson and Joseph DeMarco from the law firm Devore & DeMarco discuss critical areas companies need to consider when they fall victim to ransomware as well as when it is necessary to make a ransom payment.
Listen to Managing Risks in the Face of Ransomware Attacks Part 1.