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What is ransomware and what can be done to stop it?

The Briefing Room

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Ransomware and Insurance: A Complex Landscape

This chapter examines the intricate relationship between insurance companies and the measures businesses must take against ransomware attacks, contrasting practices in the US and UK. It highlights the influence of international sanctions on ransom payments and the evolving role of law enforcement in prosecuting cybercriminals. The discussion further explores the legal complexities of ransom payments, challenges in tracking cryptocurrency, and the potential for new legislation to curb such practices.

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