# Government Urges New Strategies Against Ransomware Payments Amid Rising Cyberattacks! đź”’ **URL:** \ **Category:** News & Articles\ **Tags:** hacking, news\ **Created:** [October 18, 2024, 10:55pm UTC](https://onehack.st/t/government-urges-new-strategies-against-ransomware-payments-amid-rising-cyberattacks/293961 "2024-10-18T22:55:10Z")\ **Posts on this page:** 1\ **Page:** 1
**Author:** ![TheJoker](https://onehack.st/user_avatar/onehack.st/thejoker/32/22660_2.png) [@TheJoker](https://onehack.st/u/TheJoker)\ **Post date:** [October 18, 2024, 10:55pm UTC](https://onehack.st/t/government-urges-new-strategies-against-ransomware-payments-amid-rising-cyberattacks/293961/1 "2024-10-18T22:55:10Z")
**Summary:** 1. **Surge in Ransomware Attacks** With 2024 on track to be one of the worst years for ransomware, U.S. officials are calling for new approaches to combat the rising threat, particularly regarding ransom payments. 2. **Criticism of Cyber Insurance** **Ann Neuberger** , U.S. deputy national security adviser, highlighted that insurance policies covering ransomware payments are perpetuating the criminal ecosystems they aim to mitigate, calling this a “troubling practice.” 3. **Need for Stricter Regulations** The government advocates for stricter cybersecurity requirements for insurance coverage to discourage ransom payments and disrupt ransomware networks effectively. 4. **Rising Incidents** Reports indicate that by mid-2024, there were over **2,300 ransomware incidents** , nearly half targeting U.S. organizations, raising alarms about escalating cyber threats. 5. **Difficult Decisions for Businesses** Companies face tough choices when attacked: pay the ransom and risk incentivizing future attacks, or refuse and potentially suffer greater losses. Even the **FBI** acknowledges the complexity of these decisions, emphasizing that businesses often weigh various factors beyond ethics. **Read more at:** [CNBC](https://www.cnbc.com/2024/10/18/that-must-end-government-urges-new-thinking-on-ransomware-payments.html)