Necessary reporting for ransomware assaults? – Week in safety with Tony Anscombe

Video

Because the UK mulls new guidelines for ransomware disclosure, what can be the broader implications of such a transfer, how would cyber-insurance come into play, and the way would possibly cybercriminals reply?

24 Might 2024

UK authorities are reportedly planning to make it obligatory for ransomware victims to report incidents to the federal government and acquire a license earlier than making ransom payments. Moreover, proposals embody banning ransom funds for vital nationwide infrastructure entities to discourage cybercriminals from focusing on very important providers.

These measures intention to assist make clear the extent of the ransomware drawback and stop criminals from monetizing their incursions. Nonetheless, there are additionally some considerations, together with concerning potential delays and elevated hurt attributable to licensing procedures.

What can be the broader implications of such a transfer, how would cyber-insurance come into play, and the way would possibly cybercriminals reply? Discover out in Tony’s video.

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