Cybersecurity & Tech
What’s happening? S2666 (1117th Congress) would require businesses with more than 50 employees to notify Cybersecurity and Infrastructure Security Agency that a ransom had been paid within 24 hours. A business’ failure to comply could hinder federal contracts.
Why is this important? Its a blue print for state legislation
How will this be important? This and similar legislation will continue to play out on the state level. We’ve seen Oklahoma make ransomeware “illegal”
Balch & Bingham | Senate Introduces Legislation Requiring 24-hour Ransomware Notification
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