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Ransomware attacks becoming increasingly sophisticated

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The Biden administration is taking aim at the use of cryptocurrencies in automated ransomware attacks, it was revealed Thursday. Cryptocurrencies are often used because they’re harder to trace, but the administration will adopt more rigorous tracing of ransomware paid out to hackers. The strategy also will involve bounties of up to $10 million for information […]

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Source: https://bankautomationnews.com/allposts/secur-risk/ransomware-attacks-becoming-increasingly-sophisticated/

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