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Ransomware Reporting

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Cyber SecurityNews

New Ransomware Reporting Rules for US Financial Institutions: Proposed Bill Would Require Government Permission for Payments Over $100,000

November 18, 2021
A new ransomware reporting bill introduced to the House of Representatives proposes putting new requirements on financial institutions, some of which are likely to be controversial. Any payment of over $100,000 would require the victim to first obtain special permission from the US Treasury.
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