As part of the whole-of-government effort to counter ransomware, the U.S. Department of the Treasury announced a set of actions focused on disrupting criminal networks and virtual currency exchanges responsible for laundering ransoms, encouraging improved cybersecurity across the private sector, and increasing incident and ransomware payment reporting to U.S. government agencies, including both Treasury and law enforcement. These actions advance the United States government’s broader counter-ransomware strategy, which emphasizes the need for a collaborative approach … More

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