Banking

U.S. Treasury’s ransomware crackdown: What it indicates for banks and FIs

The Biden administration today revealed brand-new security assistance to target those who assist in ransomware payments, setting out an action strategy that concentrates on interfering with criminal networks and virtual currency exchanges. It follows on the heels of a rise in ransomware payments, which more than doubled from 2019 to 2020 to some $400 million worldwide. […]



Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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