Matthew Lapin

Matt has more than two decades of experience in international transactions and international trade law as external counsel, in-house counsel and counsel to a government corporation. He focuses on anti-corruption, export controls, sanctions, customs and corporate compliance.

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November Privacy and Security Roundup: Cybersecurity export controls, mandatory reporting bills and Safeguards Rule changes

By Craig Fullen, Matthew Lapin, Donna Ruscitti and Porter Wright on November 9, 2021 Categories: Cybersecurity, Privacy and Security Roundup

BIS has issued an interim final rule, and entities dealing with cybersecurity exports are being asked to submit comments by early December. In this latest edition of our Privacy and Security Roundup, we share the details of the final rule’s two key measures including export restrictions and a new License Exception, provide an update on … Continue Reading

OFAC updates guidance on ransomware payments and sanctions risk

By Matthew Lapin and Porter Wright on September 27, 2021 Categories: Cybersecurity, Data Breach

On Sept. 21, 2021, the Department of Treasury, Office of Foreign Assets Control (OFAC), updated its published guidance regarding sanctions risks associated with making ransomware payments and its official policy on such payments. This updated guidance, taken in conjunction with OFAC’s recent sanctions designation of a cryptocurrency payment exchange frequently used for ransomware payments, and … Continue Reading