US Unveil Online Hub to Aid Ransomware Victims

Posted 17, Jul 2021 | By Editorial Team

There is a good news for all the companies and municipalities! On Thursday evening, The US government disclose an online hub for the victims of ransomware attacks stating it will make the work of finding resources and get instant aid if targeted by cyber hackers easier. Accompanying this, the government also announced reward of $10 million to anyone who can provides helpful insights to track down cyber criminals who are directed or backed by foreign governments. The Justice and Homeland Security departments took this step to put down evil activities of cyber hackers and launches new website www.StopRansomware.gov. The website is the first platform which centralizes ransomware resources from all federal government agencies.

Historically, the resources and information need to deal with ransomware attacks are scattered across multiple websites which increases the “possibility of missing crucial information” Stated by Justice Department in a statement. The department said that the website is “the first central hub consolidating ransomware resources from all federal government agencies,”

The rewarded amount of $10 million is being offered by the US State Departments’ Reward for Justice Program. The department mention that they have set up a dark web to keep the information of tipsters confidential and the rewarded amount may be paid in cryptocurrency.

The idea of this new websites come in the wake of ransomware attack earlier this year against the Colonial Pipeline Co. that hinder the supply of gas at gas stations along the East Coast of the United States.

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The Justice Department afterwards helps the Colonial Pipeline Co. to recover $2.3 Million in Cryptocurrency ransom it paid to hackers. Over these years, the ransomware attacks gradually increases, about $350 million in ransom was paid to cyber attackers in 2020 which is $300 million in the previous year.

“The Department of Justice is committed to protecting Americans from the rise in ransomware attacks that we have seen in recent years,” Attorney General Merrick Garland said.