Congress Mulls Ban on Big Ransom Payouts Unless Victims Get Official Say-So

by | Nov 11, 2021 | News | 0 comments

A bill introduced this week would regulate ransomware response by the country’s critical financial sector.

A U.S. lawmaker has introduced a bill – the Ransomware and Financial Stability Act (H.R.5936) (PDF) – that would make it illegal for financial firms to pay ransoms over $100,000 without first getting the government’s permission.

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