Day: August 4, 2022

Russian Cryptocurrency Ban – Could This Be The End Of The Crypto Ransom Payment?

The Russian-led invasion of Ukraine had an unprecedented impact of ransomware attacks, from a series of cyber-attacks against the West hours before its major invasion began [1], however, the impact on financial implications did not stop there. On 16 July 2022, President Putin signed a bill into law, banning the use of digital assets as Russian Cryptocurrency Ban – Could This Be The End Of The Crypto Ransom Payment?

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Sugandha Sood

Executive Vice President, Finance

As a professional accountant Sugandha, CPA, CGA has over 15 years of progressive finance and accounting experience across multiple industries including healthcare, medical, nuclear waste, and transportation.

Prior to joining CyberClan she worked at Energy Solutions Canada and was responsible for various aspects of accounting, financial reporting, internal controls, process improvements and taxation. Sugandha is eager to leverage her professional skills and play a vital role in the growth of the company by providing information to make informed decisions.