Cryptocurrency Crackdown Won’t Stop Ransomware, CISA Official Says Get the latest federal technology news delivered to your inbox.
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The scourge of ransomware will proceed with or without closer regulation of the ecosystem that facilitates victims paying anonymous criminals to unlock or return data they steal and hold hostage, a senior Cybersecurity and Infrastructure Security Agency official said.
“Criminals have always found an innovative way to continue the attack [through] some mechanism so, you know, if we were to magically flip a switch and make Bitcoin for instance completely transparent, they re going to find another way to do it,” said CISA Deputy Director Nitin Natarajan.