Arizona Bill Would Ban Taxpayer-Funded Ransomware Payments: CPW’s Kristin Bryan Talks Global Data Review – Privacy

CPW Kristin Bryan was asked by Global Data Review last week about an Arizona bill that would ban state-funded ransomware payments. As she explained, “[t]its development out of Arizona is consistent with this national push to deter
ransomware attacks, and consistent with recent federal action. She noted recent actions by the US Treasury Department to disrupt ransomware by sanctioning cryptocurrency exchanges and banning payments on certain networks. The Biden administration has also removed barriers to information sharing among the public. and private entities and threatened to cancel contracts with unsecured government contractors.However, despite these efforts, as the GDR article explains, “the Treasury Department said in November that the $590 million ransomware payments to this point in 2021 already exceeded the $416 million paid in 2020 – which is why state policymakers are joining the search for policy solutions. To see the full article and Kristin’s insights, see the link below (reproduced with permission from GDR).

Arizona bill would ban taxpayer-funded ransomware payments

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