Security News > 2024 > January > As lawmakers mull outlawing poor security, what can they really do to tackle online gangs?

Comment In some ways, the ransomware landscape in 2023 remained unchanged from the way it looked in previous years.

The industry needs governments to insert themselves into the crisis and take decisive action to stop ransomware from becoming even more out of hand than it already is.

Law enforcement is doing a solid job at disrupting ransomware within its powers, and cybersecurity awareness in organizations is increasing gradually to mitigate the threat.

There are a few schools of thought when it comes to combating ransomware through legislation, the most prominent of which is to ban ransom payments entirely, both from the public and private sectors.

The closest we've come on a global scale is with the International Counter Ransomware Initiative's pledge to refuse ransom payments, but without any private sector implications, it means fairly little.

The organizations hit with ransomware in the first months, years, or however long it takes for ransomware gangs to abandon their craft, after such a law's enactment will have their futures jeopardized.

News URL

https://go.theregister.com/feed/www.theregister.com/2024/01/04/feds_stole_the_ransomware_limelight/