Iowa-based grain cooperative NEW Cooperative Inc. was struck by BlackMatter ransomware recently and has shut down its computer systems as it tries to mitigate the attack. BlackMatter is demanding a $5.9 million ransom.
Biden administration to issue sanctions to counter ransomware payments
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The Biden administration is allegedly preparing to sanction financial exchanges that facilitate illicit digitalpayments to cybercriminals. How will this new initiative impact businesses?