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State Legislatures Consider Bans on Ransomware Payments

Posted on June 19, 2021 by Dissent

Emily Poole of Alston & Bird writes:

As ransomware attacks continue to dominate the news cycle, legislation has recently been introduced in several states that would place limits on certain entities’ ability to pay a ransom payment in the event of a ransomware attack. Although the proposed limits would generally apply to state agencies and other local governmental authorities, certain state proposals may also apply to state agencies’ IT service providers, entities that receive public funds, and/or business entities more broadly. The following summary provides an overview of five pending bills in New York, North Carolina, Pennsylvania, and Texas.

Read about the bills on Privacy, Cyber & Data Strategy Blog.


Related:

  • Two more entities have folded after ransomware attacks
  • British institutions to be banned from paying ransoms to Russian hackers
  • Global hack on Microsoft product hits U.S., state agencies, researchers say
  • Michigan ‘ATM jackpotting’: Florida men allegedly forced machines to dispense $107K
  • Authorities released free decryptor for Phobos and 8base ransomware
  • Missouri Adopts New Data Breach Notice Law
Category: Commentaries and AnalysesLegislationMalwareOf NoteState/LocalU.S.

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