Blog | G5 Cyber Security

N.Y. Could Ban Cities from Paying Ransomware Attackers

New York State may ban municipalities from paying ransom demands in the event of a cyberattack. State Senators introduced Senate Bill S7246 earlier this month, in response to rising tide of cyberattacks targeting government agencies and municipal entities across the country. The bill proposes the creation of a Cyber Security Enhancement Fund for municipalities with populations of less than a million residents to upgrade their security postures. The FBI has maintained its stance that giving into attackers demands only encourages more crime; and, those that pay have no guarantee that they will actually be able to recover their data.

Source: https://threatpost.com/new-york-ban-cities-paying-ransomware/152233/

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