Russia’s invasion of Ukraine has spurred several new regulatory actions on the global trade front. Governments, including the United States and the United Kingdom, have imposed new sanctions programs and tightened export restrictions against individuals, companies, and organizations with ties to Russia and Belarus. The challenges of operating in Russia and Belarus currently are unprecedented and require time to assess the long-term implications.
What BeyondTrust is Doing
As a cybersecurity leader, and a trusted partner to thousands of customers worldwide, BeyondTrust has always maintained strict compliance with applicable sanctions programs and export control regulations relating to the sale and delivery of its products and services worldwide. We continue to closely monitor the Ukraine situation, as well as the evolving sanctions and trade landscape in that region. We will promptly take necessary actions in accordance with newly imposed sanctions and export controls, ensuring BeyondTrust maintains compliance with such programs.
What You Can Do
This climate of geopolitical uncertainty and evolving sanctions may cause challenges for organizations across the world. BeyondTrust understands that some of our clients who are subject to the changes in U.S. sanctions programs and trade restrictions may also be subject to other jurisdictions and their respective responses.
In addition to reassessing your cyber risk and security controls, you should also reassess your state of compliance with these regulations. As you reassess your compliance responsibilities, consider this subset of relevant resources covering the recent U.S. regulations, as a starting point:
- United States Office of Foreign Assets Control (OFAC) Embargoed and Sanctioned Countries: https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-programs-and-country-information
- Department of Commerce, Bureau of Industry and Security: https://www.bis.doc.gov/index.php/federal-register-notices
You can also revisit your applicable product-specific documentation for BeyondTrust here: https://www.beyondtrust.com/docs/index.htm for assistance on your particular product and deployment.
For additional information on how you can improve your security posture in light of the geopolitical strife related to the invasion of Ukraine, please read our recent blog: Cybersecurity Preparedness in Face of Global Conflict.
With your help, BeyondTrust can continue to protect identities, manage privileged access, and stop threats to keep organizations and people more secure.
Bill Jones, General Counsel
As General Counsel of BeyondTrust, Bill Jones is responsible for managing all legal matters, including driving the company’s legal strategy, and overseeing the company’s contracting, corporate governance and legal compliance functions. Bill has more than 18 years of experience, with the majority of that spent supporting high-growth strategies at a variety of leading technology companies, including Tata Communications, Symantec, and T-Mobile (formerly Sprint Nextel). Most recently, Bill served as Deputy General Counsel for Blackboard, where he first managed the day-to-day legal aspects of the company’s international expansion efforts and went on to manage all of Blackboard’s transactions worldwide. He holds a Juris Doctor from the University of San Diego School of Law, as well as a Bachelor of Arts degree in Sociology and Criminal Justice from Bloomsburg University of Pennsylvania.