Prosecuting Ransomware News Today

Our Privacy, Cyber & Data Strategy Team highlights some of the similarities and differences between Colorado's new consumer privacy law and its older siblings in California and Virginia.

Anonymity of crypto, we would not have this intense situation now. i know how popular it is. theres a rave going down in miami this weekend for people wanting crypto. but cryptos popularity is its anonymity. it seems as if why people like is they get to hide where their money came from. it sounds like an illegal enterprise to me. >> chuck, ive got a lot of questions about crypto. theres good things coming out of the technology, but were seeing some of the dark underbelly. thats why im focusing m...

Internal tracking of investigations and prosecutions. >> the criminal groups that fuel many of these attacks, including some of the recent ransomware attacks weve seen, come from groups that have links to russia. we cannot give any quarter and no country should be harboring criminal actors of any type. >> how will the u.s. respond? back in 2016 after russian interference in the election. >> why havent we sent a message yet to putin? >> were sending a message. we have the capacity to do it, and t...

Weve been talking about cyber for a long time. finally the american public is starting to wake up to the ramifications of these attacks. theres generally been two types of cyber incidents, one where a nation state steals information, two, where cyber criminals come in and threaten to shut down a system and demand ransomware. weve seen these individual attacks of these pipeline companies, ferry companies, meat packing companies. what im really worried about is if we saw the kind of massive, acros...

Extent of the law. >> ransomware attacks have become routine, hitting everything from groceries to gas, hospitals to transportation, to local government. >> the largest public transit authority in the united states has fallen victim to a cyber attack. >> headaches for the steam ship authority continue today following a ransomware attack. >> u.s. health is the target of a ransom wear attack. >> the fbi confirms its investigating 100 different types of ransomware, each responsible for multiple att...

White house seemed to be telling -- indicating theyre ready to actually hold putin more accountable. where is the biden white house on this? do they want to treat this as a putin problem or as a criminal problem? >> you know, weve really seen an evolution in the way the government writ large is approaching ransomware and cyber hacking problems together. i think from the white house perspective right now, they are trying to do a little bit of the same thing that both senators were doing there and...

Last year i worked on legislation that became law to tighten up our illegal cash payments, the use of dummy corporations. america was, frankly, not even at international standards. we need more transparency. right whats happening around ransomware, not only are the companies not reporting theyre attacked, but theyre not reporting ransomware payments. >> i want to get to the ransomware payment in a second. you want to make it basically illegal to not report a ransom ware attack if youre a company...

Inside of russia. it all raises this bigger question and an uncomfortable one. is this all a plan of vladimir putins to test our new president, joe biden. were going to find out how the president decides to respond when he meets with putin one-on-one ten days from now in geneva. ultimately, does our high tech society leave us vulnerable, unable to discourage an enterprise at the cost of trillions to american businesses and consumers. >> its almost like your house gets broken into. theres a sense...

Hoover institution. welcome to sunday. its "meet the press." >> announcer: from nbc news in washington, the longest running show in television history, this is mete with chuck todd. good sunday morning. we are a nation under attack right now, cyberattack. last week cyber criminals slowed food production here and abroad. last month hackers caused lines up and down the east coast. there have been ransomware attacks. so many areas are at risk and so many companies with enough money to pay the ran...

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