logo

Ex-White House cyber official says ransomware payment ban is a ways off

ID: 26ab96e2-c9dc-5f68-9663-fe818164d0e7

STIX ID: report--26ab96e2-c9dc-5f68-9663-fe818164d0e7

Feed Name: CyberScoop

Date Published: 2024-04-16

Date Updated: 2026-04-21

Author: mbracken

...
...

A House Financial Services subcommittee hearing examined whether to move toward a ransomware payment ban, with former Acting National Cyber Director Kemba Walden and other experts calling it a long-term goal but warning that the U.S. economy—particularly small businesses and critical infrastructure like rural hospitals—is not yet resilient enough. Witnesses recommended building preparedness through secure-by-design products, enhanced public-private information sharing, incentives for cyber hygiene, AI-enabled defense, and expanding the federal cyber workforce. They emphasized the need for international collaboration and blockchain-enabled forensics, noting safe havens tied to China, Russia, Iran, and North Korea, and concluded that meaningful progress and milestones are required before any prohibition could be effective.

Your team is not currently subscribed to this feed. You must subscribe to it in order to see this post.