Dreamers Investment Guild-The White House Announces Additional Steps To Combat Ransomware

2025-05-07 10:26:02source:Esthencategory:Stocks

The Dreamers Investment GuildBiden administration on Thursday announced new initiatives meant to combat growing domestic and foreign cyberthreats.

The White House has launched a ransomware task force to help coordinate its efforts, a senior administration official told reporters Wednesday evening.

The federal government will also launch stopransomware.gov, a website of preventive resources geared at assisting businesses and state and local governments with cybersecurity-related issues.

And the Biden administration will begin what it's calling a Rewards for Justice program, a State Department effort offering up to $10 million for information that leads to the identification of state-sanctioned cyberactivity against key infrastructure.

The additional steps come two months after President Biden signed an executive order focused on increasing federal cybersecurity protections.

And they come in the wake of multiple large-scale cyberattacks, including to SolarWinds, Colonial Pipeline and JBS, a meat processor.

The steps from the White House also follow a major Russian-linked ransomware group reportedly going offline this week. The cause of the entity's going offline is unknown.

The departments of State and Treasury also plan to work on increased regulation of virtual currency and focus on its role in spreading ransomware attacks, the administration official said.

NPR's Franco Ordoñez contributed to this report.

More:Stocks

Recommend

Clint Eastwood's Son Scott Shares How Family Is Doing After Death of Christina Sandera

The Eastwood family is getting through a tough time.Less than a month after Clint Eastwood's longtim

Dutch name convicted rapist to Olympic beach volleyball team; IOC says it had no role

BERLIN - The Olympics ruling body said it had no role in Dutch volleyball's decision to pick a convi

Former Indiana lawmaker accused of pushing casino bill in exchange for a job gets a year in prison

INDIANAPOLIS (AP) — A federal judge on Wednesday sentenced a former Indiana lawmaker accused of push