Suspected Ransomware Payments for First Half of 2021 Total $590 Million
The Treasury Department’s guidance…
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Financial Crime
White House Ransomware Summit Eyes Tighter Global Scrutiny for Crypto
Officials from 32 governments who met virtually this week to coordinate their response to the ransomware boom said uneven…
U.S. Convenes International Summit on Ransomware
The U.S. will convene a summit of more than 30 nations starting Wednesday to discuss methods to combat ransomware. Russia wasn’t…
Facebook Claims Test SEC’s Reach
WASHINGTON—The controversy over what Facebook Inc. has said about social and emotional hazards stemming from its products could become a test of regulators’…
Corporate Taxes Poised to Rise After 136-Country Deal
Nearly 140 countries agreed Friday to the most sweeping overhaul of global tax rules in a century, a move that aims to curtail tax avoidance by multinational…
Congress Inches Toward Response to Ransomware Attacks
CONGRESS, FEDS MAKE MOVES ON RANSOMWARE ATTACKS, but a clear fix for the expensive cybercrime epidemic is far from clear. The Senate Homeland Security…
Ireland Signs On to Global Deal Seeking to Curb Tax Avoidance
Ireland, a low-tax country that is the European headquarters to some of the largest U.S. technology companies, said it would join a global agreement to set a…
NSA Chief Says Ransomware Threat to Remain for Years
Ransomware is likely to remain a threat to U.S. economic and national security for years to come, the country’s top military cyber…
Justice Department Sets Up National Cryptocurrency Enforcement Team
The U.S. Justice Department is creating a national cryptocurrency enforcement team to tackle investigations and prosecutions of…
A Hospital Hit by Hackers, a Baby in Distress: The Case of the First Alleged Ransomware Death
When Teiranni Kidd walked into Springhill Medical Center on July 16, 2019, to have her baby, she had no idea the Alabama hospital was deep in the midst of a…