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Cyber Security

DoJ Task Force: Taking Down the Ransomware Economy

A public-private Ransomware Task Force aims to stem the tide of attacks by disrupting the crooks business model. The group issued an ambitious framework for addressing the threat this week, in the form of a tome that clocks in at a whopping 81 pages. The plan includes setting up a reporting framework, managing the ransom negotiation-and-payment process, seizing gangs crypto-wallets and infrastructure, and going after cryptocurrency exchanges that fail to implement anti-money laundering measures. The effort comes as ransomware has become one of the most frequent and disruptive types of cyberattack.

Source: https://threatpost.com/gov-task-force-ransomware-economy/165715/

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