Ransomware payment reckoning: to ban or not to ban?

The UK Government proposes targeted bans of ransomware payments by public sector and critical national infrastructure entities, a payment notification regime for other organisations, along with mandatory incident reporting. James Broomhall of Grosvenor Law discusses complexities of the arguments for and against ransomware payment bans, and suggests principles that should guide policy development.

James Broomhall (+44 (0)20 3189 4218, james.broomhall@grosvenorlaw.com) is a senior associate in the crime team at Grosvenor Law.

The UK Government proposes targeted bans of ransomware payments by public sector and critical national infrastructure entities, a payment notification regime for other organisations, along with mandatory incident reporting. James Broomhall of Grosvenor Law discusses complexities of the arguments for and against ransomware payment bans, and suggests principles that should guide policy development.