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Cyber Security

Researchers Mixed on Sanctions for Ransomware Negotiators

Financial institutions, cyber-insurance firms, and security firms have all been put on notice by the U.S. Department of the Treasury. Ransomware negotiators may have to pay up in new ways if they intercede with cybercriminals on companies behalf. The Treasury Department has added multiple crimeware gangs to its sanctions program. The move could end up being counterproductive, some cybersecurity experts say. The department did not specify the amount of any potential penalties for those involved.

Source: https://threatpost.com/mixed-sanctions-ransomware-negotiators/159795/

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