Nations get tough on cryptocurrency to tackle ransomware attacks

36 nations led by the US have agreed to improve ransomware prevention measures, specifically concerning the use of cryptocurrencies to fund such activities. Held at the White House, the International Counter Ransomware Initiative summit was far more explicit on cryptocurrency than it was during its inaugural outing in 2021, as concerns continue to mount over the ease of which cybercriminals are able to obtain the digital tokens. One of the main areas of concern identified by the Counter Ransomware Initiative (CRI) was the laundering of cryptocurrency.
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