State Legislation Trend: Ban cities from paying ransomware

What’s happening? States like NY, NC, TX & PA are considering legislation to prohibit state governmental entities and local governmental entities from paying ransoms to ransomware

Why is this important? Ransomware attacks are increasingly common and how their handled varies. By removing the ability to pay, the policy logic is the state also removes the likelihood of attack. If these measures succeed, then are businesses more likely to be attacked? Do we see the next round of legislation that prohibits businesses from paying a ransom?

How will this be important? Some hackers may hack for the ransom and some may hack for the disruption. Forcing a city or state to rebuild their systems can be costly and time consuming.

Route Fifty | States Weigh Bans on Ransomware Payoffs