S 2666

The Sanction and Stop Ransomware Act of 2021 aims to combat the growing threat of ransomware attacks, particularly against critical infrastructure. It mandates the development and implementation of cybersecurity standards for critical infrastructure entities, establishes regulatory requirements for cryptocurrency exchanges to track ransomware activity, designates ransomware threats as a national intelligence priority, and creates a system for reporting ransomware operations. The bill also establishes a fund to support network security and initiates a public awareness campaign regarding government cybersecurity services.