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Ransomware & the Government: What Part Does Regulation Play?

Recent large-scale ransomware attacks are a call to action for greater federal cybersecurity regulations. The U.S. may soon begin the work of regulating private companies and mandating higher standards for cybersecurity. Cybersecurity Ventures: A ransomware attack occurs every 11 seconds on average, and ransoms range from $350,000 to $1.4 million. There are some baseline themes: multifactor Authentication – or MFA, software patching, robust segregation of information, mandatory air-gapped system backups, and clearer identity management controls around administrative accounts.”]

Source: https://www.cuinfosecurity.com/blogs/ransomware-government-what-part-does-regulation-play-p-3145

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