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Mandatory reporting for ransomware attacks? – Week in security with Tony Anscombe

ID: df3b2691-4e8c-5ae2-a191-ab601b94164f

STIX ID: report--df3b2691-4e8c-5ae2-a191-ab601b94164f

Feed Name: WeLiveSecurity (ESET Research)

Date Published: 2024-05-24

Date Updated: 2026-05-01

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The article discusses reported UK proposals to require ransomware victims to report incidents to the government, obtain a license before making ransom payments, and ban payments by critical national infrastructure, aiming to increase visibility and deter monetization while raising concerns about delays and potential harm from licensing procedures; it also considers implications for cyber-insurance and potential responses by cybercriminals.

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