Crypto Channels Targeted in Biden’s Fight Against Ransomware September 21, 2021 By Kartikay Mehrotra and Jennifer Jacobs The Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it...
CNA Financial Paid $40 Million in Ransom After March Cyberattack May 21, 2021 By Kartikay Mehrotra and William Turton CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control...
U.S. Treasury Warns Cyber Insurers Payments to Hackers May Violate Sanctions October 2, 2020 By Suzanne Barlyn Cyber insurers and other financial institutions that facilitate payments to hackers to end cyberattacks risk running afoul of sanctions rules,...