Community Marketplace
Ransomware, Crypto and Sanctions: Protect your Bank from Violations

Ransomware, Crypto and Sanctions: Protect your Bank from Violations

Join CipherTrace as we look at ransomware case studies, what constitutes a sanctions violations when paying ransomware, and learn how you can protect your bank. (Rec. 5/11/21)

Cancel Apply

rate limit

Code not recognized.

Webinar Description

Recorded: May 11, 2021      

Webinar Description:
Cryptocurrencies have quickly proven to be a lucrative modus operandi for state-actors looking to illicitly raise money and evade sanctions. Both North Korea and Iran have sponsored ransomware attacks on cryptocurrency exchanges. The funds to purchase or obtain the cryptocurrency to pay the ransoms often originates from traditional bank accounts. Additionally, laundered crypto doesn’t stay in exchanges. Through blockchain analysis, investigators have been able to trace the flow of illicit funds to see how stolen crypto moves from virtual asset service providers to banks—always the destination for money launderers looking for a fiat offramp.

Join CipherTrace as we look at ransomware case studies, what constitutes a sanctions violations when paying ransomware, and learn how you can protect your bank.

Key highlights of the session:

  • Understand how ransomware is used to evade sanctions
  • Learn which methods North Korean hackers have used to steal, obfuscate, and launder their crypto
  • Examine case studies to see how blockchain analytics enabled investigators to follow the flow of funds
  • Explore the role banks played in converting US Dollar to crypto and back again.
  • Your registration includes:
  • A copy of the presentation materials
  • Unlimited video replay

 

Refund Policy:

If you will have any issues with attending the simulcast, we offer a No Questions Asked Refund Policy any time before the start of a live simulcast.

 

CBANC Complaint Policy:

The goal of CBANC Education is to provide quality educational content and excellent service to our users.  If you have any questions or concerns regarding the quality of our content or service, please contact us at support@cbancnetwork.com.

Webinar Description

Recorded: May 11, 2021      

Webinar Description:
Cryptocurrencies have quickly proven to be a lucrative modus operandi for state-actors looking to illicitly raise money and evade sanctions. Both North Korea and Iran have sponsored ransomware attacks on cryptocurrency exchanges. The funds to purchase or obtain the cryptocurrency to pay the ransoms often originates from traditional bank accounts. Additionally, laundered crypto doesn’t stay in exchanges. Through blockchain analysis, investigators have been able to trace the flow of illicit funds to see how stolen crypto moves from virtual asset service providers to banks—always the destination for money launderers looking for a fiat offramp.

Join CipherTrace as we look at ransomware case studies, what constitutes a sanctions violations when paying ransomware, and learn how you can protect your bank.

Key highlights of the session:

  • Understand how ransomware is used to evade sanctions
  • Learn which methods North Korean hackers have used to steal, obfuscate, and launder their crypto
  • Examine case studies to see how blockchain analytics enabled investigators to follow the flow of funds
  • Explore the role banks played in converting US Dollar to crypto and back again.
  • Your registration includes:
  • A copy of the presentation materials
  • Unlimited video replay

 

Refund Policy:

If you will have any issues with attending the simulcast, we offer a No Questions Asked Refund Policy any time before the start of a live simulcast.

 

CBANC Complaint Policy:

The goal of CBANC Education is to provide quality educational content and excellent service to our users.  If you have any questions or concerns regarding the quality of our content or service, please contact us at support@cbancnetwork.com.