🔻 Cyberattacks on critical infrastructure such as power grids, transportation networks and healthcare systems can cause severe disruptions and threaten lives.
🔻 The Australian and US governments are considering a ban on paying ransoms for encrypted data after major cyber attacks.
🔻 A Chainalysis report shows that cryptocurrency-based cybercrimes have dropped by 65%, but data ransom extortion continues to rise.
🔻 Banning ransom payments may make it impossible for cyberattack victims to recover their data, but it can also help reduce incentives for cybercriminals.