The U.S. Treasury Department announced Tuesday it will sanction a cryptocurrency exchange for its alleged role in laundering ransoms for cyberattacks.
It marks the first such action against a virtual currency exchange and comes after a string of cyberattacks crippled several industries and even threatened U.S. government agencies. The Treasury said ransomware payments totaled more than $400 million in 2020 alone, more than four times that of 2019.
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As the pioneer of the cybersecurity movement, ALIENTEC has dedicated it’s time to protecting business critical data from being breached and compromised by constantly developing new innovative ways to protect data that is at rest, in motion, or in use.
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If you wish to receive our latest news in your email box, just subscribe to our newsletter. We won’t spam you, we promise!
As the pioneer of the cybersecurity movement, ALIENTEC has dedicated it’s time to protecting business critical data from being breached and compromised by constantly developing new innovative ways to protect data that is at rest, in motion, or in use.
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