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United States, European Union and United Kingdom Intensify Sanctions on Burma | White & Case LLP


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On March 25, 2021, the United States imposed sanctions on Myanma Economic Holdings Public Company Limited ( MEHL ) and Myanmar Economic Corporation Limited ( MEC ), Burma s two largest military conglomerates.
1 On the same day, the United Kingdom announced sanctions on MEHL. On April 8, the United States imposed sanctions on Myanma Gems Enterprise ( MGE ), a Burmese state-owned entity responsible for all gemstone activities in Burma,
2 and on April 9 the United States introduced further export controls on Burma.
3 These sanctions follow a wave of restrictive measures imposed by the United States, the United Kingdom, Canada, and the European Union targeting those associated with the Burmese military and security forces who participated in the military s takeover of the country on February 1, 2021, and the subsequent military and police repression against the Burmese people. The sanctions substantially incr ....

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US and EU impose coordinated Navalny sanctions | White & Case LLP


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On 2 March  2021, the United States and European Union ( EU ) imposed coordinated sanctions in response to the poisoning and imprisonment of Russian opposition politician Aleksey Navalny (and the related US determination that Russia has used chemical weapons). The US Treasury Department s Office of Foreign Assets Control ( OFAC ) designated seven Russian government officials, confirming that its action complemented the EU s designations of four Russian officials on the same day. The US State Department imposed a variety of financial sanctions and export restrictions on Russia, while the US Department of Commerce announced that it is adding 14 entities to the Entity List. ....

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Damned If You Do, Damned If You Don't: Navigating the Complex Risks Associated With Ransomware Attacks | Pessin Katz Law, P.A.


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Cybersecurity breaches against businesses in the form of ransomware attacks have risen drastically in recent years.  These attacks can be particularly difficult on a company’s bottom line especially in conjunction with the Covid-19 pandemic. While most companies now carry insurance covering ransomware attacks; nevertheless, such an attack can leave a company’s data, servers and ability to communicate in the lurch for weeks on time, threatening business continuity.
Ransomware is a form of malware designed to encrypt files on a device rendering any files and the systems that rely on them unusable. Ransomware perpetrators then demand ransom in exchange for decryption. Put simply, ransomware attacks function as follows: the attacker gains access to the target entity’s computers, typically through some form of phishing scheme and encrypts files through malware. Once access has been gained, the attacker will “ ....

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