federal cybersecurity News

Biden Administration Targets Crypto Pipelines in Fight Against Ransomware Attacks

The Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it urged companies to report extortion attempts and better protect themselves from them. Deputy Treasury Secretary Wally Adeyemo told reporters that …

U.S. Fights Cyber Attacks by Blacklisting, Sanctioning Russian Tech Firms

The United States on Friday took a new stab at Russia’s cybersecurity industry, restricting trade with four information technology firms and two other entities over “aggressive and harmful” activities – including digital espionage – that Washington blames on the Russian …

U.S. Launches ‘Stop Ransomware’ Website; Offers Reward Up to $10M

The State Department will offer rewards up to $10 million for information leading to the identification of anyone engaged in foreign state-sanctioned malicious cyber activity against critical U.S. infrastructure — including ransomware attacks — and the White House has launched …

Biden Administration Plans More Ransom Payment Tracing in Fight Against Attacks

The Biden administration intends to crack down on the use of cryptocurrencies in ransomware attacks through more rigorous tracing of proceeds paid to hackers behind the disabling of companies, government agencies and organizations, according to people familiar with the matter. …

New U.S. Rules Require Pipelines to Report Cyber Incidents, Mitigate Risks

The Department of Homeland Security issued a new security directive for pipeline owners and operators on Thursday after a hack of the Colonial Pipeline disrupted fuel supplies in the southeastern United States for days this month. “The recent ransomware attack …

Obama Budget Calls for Increased Cybersecurity Funding, New High-Level Post

The Obama administration is creating a new high-level federal official to coordinate cybersecurity across civilian agencies and to work with military and intelligence counterparts, as part of its 2017 budget proposal announced this week. The $19-billion increase in cybersecurity funding …

Senate Takes Up Cyber Liability Bill

The U.S. Senate on Tuesday began debating a long-delayed bill that would make it easier for corporations to share information about cyber attacks with each other or the government without concern about lawsuits. Senate Republican Majority Leader Mitch McConnell said …