Carolyn Maloney


Markets

Top US Lawmaker Presses Big Companies on Ransomware Crypto Payments

Paying international criminals to unlock data “will put an even bigger target on the back of critical infrastructure,” says U.S. Rep. Carolyn Maloney.

Rep. Carolyn Maloney (D-N.Y.) demanded answers from Colonial Pipeline and CNA Financial about their ransomware payments, warning that paying these fees may lead to further growth in ransomware attacks.

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