There has been considerable debate about banning ransomware payments as a means of curbing the explosive growth of the crime Assistant director of the FBI's cyber division weighed in, suggesting that it would create a new avenue of extortion.
AXA France, regional division of European insurance giant AXA Group and France's largest general insurer, has announced that it will no longer reimburse ransomware payments for customers within the country.
The US Treasury is now warning of potential sanctions violations if ransomware payments are made, citing the possibility of civil penalties even if the attacker’s identity is unknown.
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