California Lawmakers Draft A Proposal Against Ransomware

Bringing an end to the ransomware threat can be achieved in many ways. According to California lawmakers, the legal system provides all of the necessary tools. At the same time, internet criminals don’t lose any sleep over their actions being legal or illegal under any law. That isn’t keeping lawmakers from trying to create new legislative proposals, though.

Can We Ban Ransomware By Law?

It is an interesting solution to explore, that much is certain. While California has built a reputation for creating new laws which are eventually spread nationwide, they may not see big success with their newest proposal. According to the LA Times, there are plans on the table to draft a law against

ransomware.

According to the Senate Bill 1137 proposal, “knowingly introducing ransomware will be punishable by imprisonment in a county jail”. The jail sentence for such an offense can range from two to your four years. Additionally, there will be a fine attached to this sentence, albeit the amount will not exceed US$10,000. All in all, these guidelines are not out of the ordinary for an offense potentially impacting thousands of computer users.

People who have been paying close attention to the ransomware industry will remember the attack against the Hollywood Presbyterian Medical Center. The institution was forced to pay US$17,000 in Bitcoin to resume its services as normal. Other health care centers and companies have been the victim of ransomware attacks as well.



Related Post

Although this bill may have a good chance of being written into law, the process will take some time. Then again, this particular bill has the backing of various tech giants, including Facebook, Apple, and Google. Despite that backing, there is no guarantee Governor Jerry Brown will not veto the bill. Some of the proposal’s opponents are pointing out how prosecutors have enough tools to make their case, and would not need this additional “power’.

The biggest question is how California lawmakers will succeed in catching ransomware creators and distributors. Most of these attacks originate from the deep web, which users access through privacy-protecting software. Moreover, what about attacks originating from regions where the US has no jurisdiction? These are all questions that need to be answered sooner rather than later.

Image credit 1

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Web3Bay, Solana & Tron: Leading the Utility Coin Revolution

The Next Big Crypto Projects: Why You Should Add Web3Bay, Solana, & Tron to Your…

1 hour ago

Last Chance Alert: Join the Best Crypto Presale Now for Top 7 Trending Cryptos

Imagine securing a stake in the next big cryptocurrency before it skyrockets. A chance investors…

2 hours ago

Remittix (RTX) Set To Surpass Ripple (XRP) In 2025 With The Dawn Of PayFi—5000% Rally Expected

Ripple (XRP) has certainly been around the crypto market long enough for anyone to have…

2 hours ago

What Are the Top Decentralized Crypto Wallets for This Year?

Master Your Crypto Portfolio: Leading Decentralized Wallets for Maximum Control & Earnings in 2025 With…

2 hours ago

Lethal Bearish Attack Heavily Dumps WIF & SHIB Prices; DTX Exchange Accumulation Soars

The crypto market is typical of sudden changes in fortune and price drops. That has…

3 hours ago

Best Altcoins to Invest in Today: Qubetics Sets the Stage for Blockchain’s Future as Bitcoin Hits $108K and Litecoin Soars

The cryptocurrency world has always been a hotbed of innovation, attracting both seasoned investors and…

14 hours ago