FinCEN Warns Financial Institutions About Scams and Cyber-Attacks Relating to COVID-19 Vaccines

Providing yet more proof that anything positive can be twisted into something negative, the Financial Crimes Enforcement Network (“FinCEN”) released a Notice yesterday “to alert financial institutions about the potential for fraud, ransomware attacks, or similar types of criminal activity related to COVID-19 vaccines and their distribution.” This Notice comes on the heels of several similar advisories issued by FinCEN throughout 2020 regarding medical scams relating to COVID-19; cybercrimes...
By: Ballard Spahr LLP

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