US Government Seeks to Sanction Companies that Pay Ransomware Operators

US Government Seeks to Sanction Companies that Pay Ransomware Operators
  • Demand for ransomware payments skyrockets during the pandemic period
  • Companies that pay ransomware actors, including cyber insurance firms, will face potential sanctions for their actions
  • Department of the Treasury says ransomware payments benefit illicit actors and can undermine national security

Article Link: http://feedproxy.google.com/~r/BusinessInsightsInVirtualizationAndCloudSecurity/~3/md0NqWQYE4Q/us-government-seeks-to-sanction-companies-that-pay-ransomware-operators