Ransomware attacks, where hackers lock out a company or organization from its computer system and demand a ransom payment to restore access, more than doubled from 2019 to 2020. The government sees them as both a criminal menace, and a national security threat. In February, a hack on the Colonial Pipeline fuel-delivery network led to fuel shortages up and down the East Coast. President Biden has told Russian President Vladimir Putin, whose country is known to host many of the ransomware gangs responsible for the surge, that he would take “any necessary action” to defend critical infrastructure against cyberattacks.
![Last Week [in] Crypto: Anonymous Investigates Terra’s Founder. – BeInCrypto](https://cryptohoarding.com/wp-content/uploads/2022/07/last-week-in-crypto-anonymous-investigates-terras-founder-beincrypto-350x250.jpg)
