Cyber Showdown: Will Cutting Off Ransomware Gangs’ Allowance Really Work?

The “International Counter Ransomware Initiative” is like a global parent cutting off an allowance, hoping to curb the cyber naughtiness of ransomware gangs. Will the promise of no more ‘pocket money’ deter these cyber crooks or just push them to be more creatively wicked? It’s…

Hot Take:

So, it seems like the U.S. government and its 47 buddies have decided to take the tough parent approach with ransomware gangs - "No, we won't be giving you any more allowance (read: ransom) for your cyber naughtiness." It's a bold move, considering how these cyber bullies have been making a killing off our collective cyber insecurities. Will the promise of no more pocket money really stop them? Time will tell.

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