All CISAC News News October 13, 2021

U.S., Allies Seek Ways To Combat Ransomware As Online Attacks Proliferate

The more countries involved in the discussion, the better but in the end you want to have global controls on cryptocurrency redemption.
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Rod Searcey

Herbert Lin, a senior research scholar for cyber policy and security at Stanford University, told RFE/RL that conference participants need to focus on how to interfere with cryptocurrency payments.

Ransomware will become less attractive if cybercriminals can't turn the cryptocurrency payments into cash, he said.

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