New Ransomware Bill Only Benefits Traditional Financial Institutions

New Ransomware Bill Only Benefits Traditional Financial Institutions


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Recently introduced Ransomware and Financial Stability Act (H.R.5936) is the right direction for undermining ransomware attacks, by disallowing payments, but it just does not go far enough. This proposal only benefits traditional financial institutions.  Ransomware potentially impacts every business, person, government service, and even the cryptocurrency world!

 

We need to ban all ransomware payments to truly discourage attackers in an effective way!

 

News Story - https://threatpost.com/congress-ban-ransomware-payouts/176213

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Matthew Rosenquist
Matthew Rosenquist

Cybersecurity Strategist specializing in the evolution of threats, opportunities, and risks in pursuit of optimal security for our digital world.


Cybersecurity Tomorrow
Cybersecurity Tomorrow

Cybersecurity strategy perspectives for the emerging risks and opportunities of securing our digital world. The insights of today will lead to tomorrow's security, privacy, and safety foundations.

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