U.S. State Department to set up cyber bureau in the face of hacks

Hackers have struck numerous U.S. companies this year.

October 26, 2021 11:44 am | Updated 11:46 am IST - WASHINGTON

Two weeks ago the Treasury Department said suspected ransomware payments totaling $590 million were made in the first six months of this year.

Two weeks ago the Treasury Department said suspected ransomware payments totaling $590 million were made in the first six months of this year.

The U.S. State Department plans to establish a bureau of cyberspace and digital policy in the face of a growing hacking problem, specifically a surge of ransomware attacks on U.S. infrastructure.

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State Department spokesperson Ned Price said a Senate-confirmed ambassador at large will lead the bureau.

Hackers have struck numerous U.S. companies this year.

Also Read | U.S. to work with Big Tech, finance sector on new cybersecurity guidelines

One such attack on pipeline operator Colonial Pipeline led to temporary fuel supply shortages on the U.S. East Coast. Hackers also targeted an Iowa-based agricultural company, sparking fears of disruptions to Midwest grain harvesting.

Two weeks ago the Treasury Department said suspected ransomware payments totaling $590 million were made in the first six months of this year. It put the cryptocurrency industry on alert about its role fighting ransomware attacks.

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