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Ransomware law would require victims to disclose ransom payments within 48 hours

Oct. 06, 2021 Hi-network.com

Victims of ransomware attacks who choose to pay a ransom to cyber criminals for the decryption key could have to publicly disclose that a payment was made within 48 hours of doing so. 

The Ransom Disclosure Act proposed by US Senator Elizabeth Warren and Representative Deborah Ross would require organisations that fall victim to ransomware attacks and pay the ransom to detail information about the payment. 

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Information about ransom payments that would have to be disclosed include the amount of ransom demanded and paid, the type of currency used to pay the ransom

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