Regulatory Alerts2020-09-28
Advisory on Cyber Crimes and Cyber-Enabled Crimes Exploiting the COVID-19 Pandemic (FinCEN Advisory FIN-2020-A005 Spanish)
The Financial Crimes Enforcement Network (FinCEN) issued this advisory to alert financial institutions to cyber-enabled crimes and frauds exploiting the COVID-19 pandemic, including phishing, ransomware, and business email compromise. The document details specific warning signs related to remote access vulnerabilities, identity manipulation, and extortion schemes targeting healthcare and municipal entities. It mandates that institutions file Suspicious Activity Reports (SARs) using specific keywords and fields to facilitate the tracking and investigation of these illicit activities.
Share