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CNA Financial

Ransomware's been an issue for years, but recent high-profile attacks are shining a spotlight on the form of cyberattack – and crypto's role in enabling it.
Policy
Fincen
State of Crypto: Ransomware Is a Crypto Problem
The crypto industry needs to pay attention to – and help fight – the growing ransomware threat.
Ransomware's been an issue for years, but recent high-profile attacks are shining a spotlight on the form of cyberattack – and crypto's role in enabling it.
By Nikhilesh De
Jun 8, 2021 at 1:30 p.m. UTC
Jun 8, 2021
FinCENRansomwareNewslettersState of CryptoColonial PipelineCNA FinancialJBS
Rep. Carolyn Maloney (D-N.Y.) demanded answers from Colonial Pipeline and CNA Financial about their ransomware payments, warning that paying these fees may lead to further growth in ransomware attacks.
Markets
Ransomware
Top US Lawmaker Presses Big Companies on Ransomware Crypto Payments
Paying international criminals to unlock data “will put an even bigger target on the back of critical infrastructure,” says U.S. Rep. Carolyn Maloney.
Rep. Carolyn Maloney (D-N.Y.) demanded answers from Colonial Pipeline and CNA Financial about their ransomware payments, warning that paying these fees may lead to further growth in ransomware attacks.
By Nikhilesh De
Jun 3, 2021 at 9:38 p.m. UTC
Jun 3, 2021
RansomwareColonial PipelineHouse Oversight CommitteeCarolyn MaloneyCNA Financial