New Ransomware Payment Reporting Requirements on Horizon

January 9, 2023, was the deadline for financial services companies doing business in New York (including cryptocurrency entities with a Bit license) to comment on new proposed cybersecurity regulations which would mandate, among other things, that such regulated entities report and justify any payments of ransomware or extortionate to the Department of Financial Services within..

The post New Ransomware Payment Reporting Requirements on Horizon appeared first on Security Boulevard.

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