The Biden administration is allegedly preparing to sanction financial exchanges that facilitate illicit digitalpayments to cybercriminals. How will this new initiative impact businesses?
Ransom Disclosure Act would require victims to disclose ransom payments within 48 hours
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The “Ransom Disclosure Act would require ransomware victims to disclose ransom payments within 48 hours of payment — including the amount of ransom demanded and paid the type of currency used for payment of the ransom, and any known information about the entity demanding the ransom.