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FTC Releases Sept. 7 Agenda on Ransomware Scope, Protections and Responses

FTC Chairwoman Edith Ramirez will open a Sept. 7 event on ransomware that will feature three panels of private-sector experts and government officials, including an FBI agent, the commission said in a Monday news release. In ransomware, criminals typically encrypt…

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files after they hack into a person's or company's computer and then demand a ransom in exchange for the key to decrypt the files, the FTC said. Some members of Congress also said ransomware is becoming a major problem (see 1604190032). The FTC panels will focus on the scope of ransomware, best defenses against it and how consumers should respond if they've been hit, the release said. The commission's Office of Technology Research and Investigation and New York University's computer science department will present research based on different types of ransomware used, the FTC said. The 1-4:30 p.m. event will be at FTC's Constitution Center offices, 400 7th St. SW.