đĄïž UK Moves to Ban Ransomware Payments by Public Sector
On July 22, the UK proposed a bold new rule: No more ransom payments from public services like healthcare & councils â even if attacked.
The draft law requires:
đ Report within 72 hours of attack
đ§ Full analysis within 28 days
đ° Most ransomware demands are in crypto, so this directly hits cybercriminals' favorite tool.
đŹđ§ Security Minister Dan Jarvis said itâs time to dismantle the ransomware business model and protect public services.
đ§ My Take:
This move is huge â not just for cybersecurity, but also for how governments view cryptoâs role in cybercrime. Expect more global pressure to track, trace, and regulate crypto ransom flows.
But also â this could drive innovation in privacy tools, DeFi security, and compliance tech. War on ransomware = test for the future of crypto privacy.
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