Industry News: Cyber

A New US bill Would Force Companies to Disclose Ransomware Payments

Written by Cybersecurity | Oct 8, 2021 3:10:08 PM

2021-10-06

Yahoo Finance: The bicameral Ransom Disclosure Act, drafted by Sen. Elizabeth Warren and Rep. Deborah Ross, would mandate companies and organizations — though not individuals — to provide the U.S. Department of Homeland Security data on ransomware payments, including the amount and type of cryptocurrency demanded and the sum that was paid.

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