State Department to Pay $10 Million for State-Sanctioned Malicious Cyber Actor Identification
White House launches ransomware task force and new website, Russian hackers targeted European officials with LinkedIn messages, China has new rules regarding zero-days and much more
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Under its Rewards for Justice program, the State Department will offer rewards up to $10 million for information leading to identifying anyone engaged in foreign state-sanctioned malicious cyber activity, including ransomware attacks, against critical U.S. infrastructure. As part of a broader push to counter ransomware, the White House has also launched a task force to coordinate efforts to stem the ransomware scourge.
The Biden administration is further launching a website, stopransomware.gov, to offer tips for countering the threat and building more resilience into networks. On top of these efforts, the Financial Crimes Enforcement Network at the Treasury Department said it would engage banks, technology firms, and others on better anti-money-laundering efforts for cryptocurrency and more rapid tracing of ransomware proceeds paid in virtual currency. (Frank Bajak / Associated Press)
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