The U.K. government is proposing a new strategy to combat ransomware, focusing on mandatory reporting by victims to assist law enforcement. The Home Office's proposal aims to provide authorities with intelligence to identify and disrupt hacking activities. Other key proposals include a ban on public sector ransom payments and a requirement for organizations to notify the government about ransom negotiations. Experts express support for these measures, highlighting their importance in addressing the ransomware threat, as many offenders are actionable and prosecutable.
Mandatory reporting is also being developed, which would equip law enforcement with essential intelligence to hunt down perpetrators and disrupt their activities, allowing for better support for victims.
The mandatory reporting requirement would allow the government to engage in targeted disruptions in an evolving threat landscape.
I think it is a tacit acknowledgment of what we've known for a while: Ransomware operators and their enablers are not confined to Russia and many of those involved are very catchable and, more importantly, prosecutable.
Overall, banning ransom payments and notifying the government if organizations intend to pay a hacker's ransom are crucial steps in addressing ransomware effectively.
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