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US State Department will give out crypto for reporting tips on cyberattack

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Shivangi Mujumdar Follow

CBW -External Analyst

INDIA

Jul, 20 2021

Jul, 20 2021

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The State department of the United States has now decided to give out the crypto as the reward for those who shall be reporting tips on the Cyberattack. The State’s Rewards for Justice (RFJ) program in the press statement released about the reward of around $10 million for details about cybercrime. On July 15, this was stated in a press statement by State Department to fight against malicious cyber activities.


The Diplomatic Security Service that administers the program called State’s Rewards for Justice has now come up with a reward of $10 million. This reward will be given to those who shall provide the details associated with any person, location, or identification when acting as per the foreign government's direction.

There have been many malicious cyber operations that literally has targeted the U.S. critical infrastructure. It is believed that this is likely to violate the CFAA. The Violations of the statute can also include the threats like transmitting the extortion for some ransomware attacks or even exceeding the access that has been authorities.


As per one of the agency spokespersons, it is stated that “information leading to the identification or location of any person who, while acting at the direction or under the control of a foreign government, participates in malicious cyber activities against U.S. critical infrastructure”.

If there is a malicious cyberattack that may occur it shall have a long-term side effect. This eventually would hamper the code of conduct, information, and program transmission damage with no authorization against the protected computer.

Such protected computer not just includes the U.S. government but also the financial institution computer systems that facilitate smooth regulation of the foreign commerce. Considering the seriousness of such threats, the Rewards for Justice program has even created Dark Web tips to protect the security of potential sources.


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Shivangi Mujumdar

CBW - External Analyst

INDIA

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