Chainkeen-The White House Announces Additional Steps To Combat Ransomware

2025-04-28 22:54:56source:Winimark Wealth Societycategory:Markets

The ChainkeenBiden administration on Thursday announced new initiatives meant to combat growing domestic and foreign cyberthreats.

The White House has launched a ransomware task force to help coordinate its efforts, a senior administration official told reporters Wednesday evening.

The federal government will also launch stopransomware.gov, a website of preventive resources geared at assisting businesses and state and local governments with cybersecurity-related issues.

And the Biden administration will begin what it's calling a Rewards for Justice program, a State Department effort offering up to $10 million for information that leads to the identification of state-sanctioned cyberactivity against key infrastructure.

The additional steps come two months after President Biden signed an executive order focused on increasing federal cybersecurity protections.

And they come in the wake of multiple large-scale cyberattacks, including to SolarWinds, Colonial Pipeline and JBS, a meat processor.

The steps from the White House also follow a major Russian-linked ransomware group reportedly going offline this week. The cause of the entity's going offline is unknown.

The departments of State and Treasury also plan to work on increased regulation of virtual currency and focus on its role in spreading ransomware attacks, the administration official said.

NPR's Franco Ordoñez contributed to this report.

More:Markets

Recommend

South Korean president's party divided over defiant martial law speech

SEOUL, Dec 12 - South Korean President Yoon Suk-yeol's switch from contrition to defiance on Thursda

Vanessa Hudgens Flashes Engagement Ring at Oscars 2023, Keeping Fiancé Cole Tucker Close to Heart

Tick, tick boom, Vanessa Hudgens just made a regal Oscars 2023 entrance.The High School Musical alum

Most of the email in your inbox isn't useful. Instead of managing it, try ignoring it

If you're like me (Mayowa), the unread-emails icon can be a source of anxiety. Sometimes it feels li