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UK Considers Banning Ransomware Payments

January 16, 2025

News and Community
UK Considers Banning Ransomware Payments
The proposed mandate intends to discourage criminals from targeting critical national infrastructure and public services, as there will be no financial motivation.
The U.K. government is considering banning ransomware payments to make critical industries “unattractive targets for criminals.” It would apply to all public sector bodies and critical national infrastructure, which includes NHS trusts, schools, local councils, and data centres. Currently, all government departments nationwide are banned from paying cyber criminals to decrypt their data or prevent it from being leaked. This rule intends to protect the services and infrastructure the British public relies on from financial and operational disruption. The health sector is classified as CNI, so withholding ransomware payments could impact patient care. According to Bloomberg, the attack on pathology company Synnovis last June, which led to months of NHS disruption, resulted in harm to dozens of patients, with long-term or permanent damage in at least two cases. SEE: Number of Active Ransomware Groups Highest on Record

Organisations must also report ransomware attacks within three days

On top of the ban, the proposed legislation will make it mandatory for organisations to report ransomware attacks within 72 hours of becoming aware of it. This is so law enforcement remains up-to-date on whom is being targeted and how which aids their investigations into organised crime groups and enables them to publish helpful advisories. The Home Office also wants to instate a ransomware payment prevention regime involving educating businesses on responding to a live threat and criminalising unreported payments. It is hoped that this will both increase the National Crime Agency’s awareness of attacks and reduce the number of payouts made to hackers, especially in exchange for data suppression. Explore HR Tech News for the latest advancements in Human Resources Technologies insightful updates from industry experts! 
Source: https://www.techrepublic.com/article/uk-banning-ransomware-payments/

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