The ever-increasing array of U.S. sanctions being levied against Russia have complicated events for companies facing their own external threat: ransomware attacks
The nearly nonstop series of new U.S. sanctions being levied in a bid to halt Russia’s war machine have complicated events for companies facing their own external threat: ransomware attacks.
Traditionally, the list of entities under sanction has been mostly relevant to those in financial services, but recent surges in ransomware attacks have meant that cybersecurity experts have had to do their best to ensure ransom payments aren’t going to blacklisted entities. Ransomware attacks are increasing in frequency, victim losses are skyrocketing, and hackers are shifting their targets. WSJ’s Dustin Volz explains why these attacks are on the rise and what the U.S. can do to fight them. Photo illustration: Laura Kammermann
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