Inside Cybersecurity

July 2, 2022

Daily News

Peters report: More data, collaboration is needed in support of Biden ransomware initiatives

By Charlie Mitchell / May 25, 2022

The federal government needs a fuller picture of the ransomware threat and the use of cryptocurrency to pay off attackers as a precursor to successfully implementing Biden administration ransomware initiatives, according to a report spearheaded by Senate Homeland Security Chairman Gary Peters (D-MI).

Regulators at different agencies “have taken steps to address the rising threat of ransomware attacks by issuing new, and expanding existing, regulations and guidance,” according to the report, and “the Biden Administration issued an Executive Order...

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