The Biden Administration is Ready to Fight the Cyberattacks

Monday, September 20, 2021 at 4:40am

Is the Biden administration coming to the rescue? The administration is reportedly preparing to issue sanctions to make hackers profiting off ransomware attacks through the use of digital currency more difficult. The sanctions would reportedly target specific traders and cryptocurrency exchanges, in the hope of deterring exchanges from processing these transactions when they’re made. The treasury department refuses to speak on the proposed measures. This move could be the checkmate needed to put down or even lessen the wave of cyberattacks that have grown in scale and frequency this last year.