Tag: paying ransomware gangs

Following ransomware assaults, the government of the United Kingdom intends to prohibit vital infrastructure and public sector enterprises from paying ransoms. The publicly funded National Health Service (NHS), schools, and local councils are among the organizations that would be required to abide by the new proposed legislation. Recent high-profile ransomware attacks have brought attention to the serious operational, financial, and even life-threatening threats of ransomware, which is projected to cost the UK economy millions of pounds annually. According to the UK government, the prohibition would attack the business model that supports the operations of cybercriminals and make the essential services that the public depends on less appealing to ransomware gangs. We're committed...