To Call the Feds Or Not To Call the Feds, That Is the Question
September 23, 2021
The Biden administration is warning ransomware victims that they should alert the feds of an attack, but ransomware gangs are threatening victims that they will publish their files immediately if they contact the government. A spokesman for a prominent cybersecurity firm called the threat a sign of weakness. He also commended government efforts to interfere with the cryptocurrency exchanges the hackers rely on. The Treasury Department says that it sanctioned the Czech-based Suex exchange for helping ransomware gangs. The White House is encouraging ransomware victims to alert both the FBI and the Cybersecurity and Infrastructure Security Agency. Paying off hackers may violate U.S. sanctions, according to the DOJ.
Read full article at:
Get our free daily newsletter
Subscribe for the latest news and business legal developments.
Read this next
President Biden’s Executive Order on the Safe, Secure, and Trustworthy Development and […]
The Cybersecurity and Infrastructure Security Agency and the FBI have issued a […]