Bill proposes large financial institutions to report ransomware attacks, cap payments | SC Media
Ransomware, Legislation

Bill proposes large financial institutions to report ransomware attacks, cap payments

November 11, 2021
House Financial Services Committee ranking member Rep. Patrick McHenry, R-N.C., right, delivers opening remarks a hearing in the Rayburn House Office Building on Capitol Hill on July 20, 2021, in Washington. McHenry introduced legislation that would impose new requirements on critical financial institutions when paying ransomware actors. (Chip Somodevilla/Getty Images)
prestitial ad