UK to propose mandatory ransomware reporting, licenced payments

22/05/2024 | The Record

According to an exclusive report in The Record, the UK is close to proposing a significant change in its approach to responding to ransomware attacks. Proposals in a public consultation due to be published in June will require all victims to report ransomware attacks to the government and seek a license before making payments. Further proposals within the consultation will ban ransom payments for organisations involved with critical national infrastructure in a bid to deter hackers from disrupting essential services. The article explains that one of the aims is to uncover the scale of the issue, as many ransomware victims currently keep incidents secret. 

A related article in The Guardian reports that Ciaran Martin, the former head of the UK National Cyber Security Centre, has warned that not enough consideration is being given to China's plans to disrupt key critical infrastructure. "The UK has not paid enough attention to a game-changing warning from the US that China is planning disruption to key critical infrastructure," Martin said.

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