FinCEN Issues Report on Ransomware Trends in Bank Secrecy Act Data
October 15, 2021 / Source: FinCEN
October 15, 2021
Today, FinCEN issued a financial trend analysis on ransomware trends in Bank Secrecy Act reporting filed between January 2021 and June 2021. This report, issued pursuant to the Anti-Money Laundering Act of 2020, focuses on pattern and trend information pertaining to ransomware, in line with FinCEN’s issuance of government-wide priorities for anti-money laundering and countering the financing of terrorism policy.