Is reporting ransomware attacks mandatory? – Weekly security update with Tony Anscombe

SeniorTechInfo
1 Min Read

Video

Unveiling the Potential Impacts of UK’s New Ransomware Disclosure Rules

Exciting developments are on the horizon as the UK considers implementing new rules requiring ransomware victims to report incidents to the government and acquire a license before making any ransom payments. Moreover, proposals include prohibiting ransom payments for critical national infrastructure entities to dissuade cybercriminals from targeting essential services.

These initiatives are set to illuminate the scope of the ransomware issue and prevent criminals from profiting from their attacks. Yet, concerns linger regarding potential delays and increased damage stemming from licensing procedures.

Curious about the broader implications of this potential move, the role of cyber-insurance, and how cybercriminals might react? Stay tuned as Tony delves deeper into the subject in the captivating video below:

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