On October 1, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory clarifying that banks and payments companies could be fined for facilitating ransomware payments to sanctioned entities. The same day, the Financial Crimes Enforcement Network (FinCEN) issued a related advisory concerning the threats posed by ransomware payments and the obligation of money services businesses to file suspicious activity reports (SARs) concerning suspicious ransomware payments.