UK Plans Ransomware Payment Ban for Public Services in Bold Cybersecurity Move
The UK government is considering legislation to prohibit public sector organizations from paying ransomware demands, aiming to discourage cybercriminals targeting critical services. The initiative would expand the National Crime Agency's oversight while establishing mandatory incident reporting, though experts warn of implementation challenges.
UK Takes Bold Step to Outlaw Ransomware Payments Across Public Sector
The UK Home Office proposes groundbreaking legislation to ban ransomware payments for public sector and critical infrastructure organizations, aiming to combat rising cybercrime. The comprehensive plan includes mandatory incident reporting and payment prevention measures following several devastating attacks on essential services.
UK Moves to Ban Public Sector Ransomware Payments in Landmark Cybersecurity Push
The UK government proposes groundbreaking legislation to prohibit ransomware payments by public sector organizations and critical infrastructure companies. The initiative, which includes mandatory reporting requirements, aims to disrupt cybercriminal operations that collected an estimated $1 billion globally in 2023.