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Regulators and industry join to fight ransomware By Cointelegraph

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Ransomware attacks seem to be on the rise, with more people being forced to work remotely. Data shows that this is due in large part to an increase in ransomware incidents. Intensifying25 percent in the month of April 2021. Some are insistent that ransomware attacks have increased by 45% in April 2021 alone. Intensely linkedThe crypto industry has seen a meteoric rise in popularity.

In spite of recent crypto market optimism, the news that the United States is aggressively investigating the connection between crypto-ransomware and crypto seems to have dampened the mood. This may be because many government agencies seem to view crypto ransomware a serious problem which requires strict action.

What’s driving this wave?

It is justifiable to spend.

Are increased regulations good for all?

How will ransomware crime evolve in the future?