RANSOMWARE Act

Hozzl · 2023-03-08T20:11:56Z

Explore the details of House Bill 4551 RANSOMWARE Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Science, Technology, Communications. Stay informed on legislative developments.

3/8/2023, 8:11 PM

Summary of Bill HR 4551

The RANSOMWARE Act, also known as Bill 117 hr 4551, is a piece of legislation introduced in the US Congress aimed at addressing the growing threat of ransomware attacks. Ransomware is a type of malicious software that encrypts a user's files and demands payment in exchange for the decryption key.

The RANSOMWARE Act seeks to combat these attacks by increasing penalties for those who engage in ransomware activities. It also aims to improve coordination between federal agencies, law enforcement, and private sector entities to better respond to and prevent ransomware attacks.

Additionally, the bill includes provisions to enhance cybersecurity measures for critical infrastructure, such as power grids, water systems, and transportation networks. It also calls for increased resources and training for law enforcement agencies to investigate and prosecute ransomware attacks. Overall, the RANSOMWARE Act is a comprehensive piece of legislation designed to strengthen the nation's defenses against ransomware attacks and protect critical infrastructure from cyber threats.

Congressional Summary of HR 4551

Reporting Attacks from Nations Selected for Oversight and Monitoring Web Attacks and Ransomware from Enemies Act or the RANSOMWARE Act

This bill requires the Federal Trade Commission to report on cross-border complaints received that involve ransomware or other cyber-related attacks committed by certain foreign individuals, companies, and governments. The report must focus specifically on attacks committed by (1) Russia, China, North Korea, or Iran; or (2) individuals or companies that are located in or have ties to those countries.

Read the Full Bill

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Current Status of Bill HR 4551

Bill HR 4551 is currently in the status of Bill Introduced since July 20, 2021. Bill HR 4551 was introduced during Congress 117 and was introduced to the House on July 20, 2021. Bill HR 4551's most recent activity was Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation. as of July 28, 2022

Bipartisan Support of Bill HR 4551

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 4551

Primary Policy Focus

Science, Technology, Communications

Potential Impact Areas

AsiaChinaComputer security and identity theftCongressional oversightEuropeForeign and international corporationsInternational organizations and cooperationInternet, web applications, social mediaIranLaw enforcement administration and fundingMiddle EastNorth KoreaRussia

Alternate Title(s) of Bill HR 4551

RANSOMWARE ActReporting Attacks from Nations Selected for Oversight and Monitoring Web Attacks and Ransomware from Enemies ActRANSOMWARE ActRANSOMWARE ActRANSOMWARE ActReporting Attacks from Nations Selected for Oversight and Monitoring Web Attacks and Ransomware from Enemies ActReporting Attacks from Nations Selected for Oversight and Monitoring Web Attacks and Ransomware from Enemies ActTo amend the U.S. SAFE WEB Act of 2006 to provide for reporting with respect to cross-border complaints involving ransomware or other cyber-related attacks, and for other purposes.

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