Inside Cybersecurity

July 2, 2022

Daily News

Sen. Peters issues report on ransomware and cryptocurrency, urges implementation of incident reporting law

By Charlie Mitchell / May 24, 2022

A report from Senate Homeland Security Chairman Gary Peters (D-MI) cites “fragmented and incomplete” reporting about ransomware and cryptocurrency, and urges “swift implementation” of the new cyber incident reporting law to counter a threat likely to grow amid the Ukraine crisis.

“This limited collective understanding of the ransomware landscape and the cryptocurrency payment system blunts the effectiveness of available tools to protect national security and limits private sector and federal government efforts to assist cybercrime victims. As Russia’s invasion of...


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