Each day, over 4,000 ransomware attacks successfully hit businesses across the United States. And because many organizations pay the massive fees to regain control, ransomware alone has generated $20 billion in revenue for the hacking industry. But just as cybercriminals appear to have the upper hand, the US Department of Justice recently announced a new team to investigate cryptocurrency-related crimes.

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In this episode, you’ll hear about:

• The goal of the National Cryptocurrency Enforcement Team (NCET)
• Why cryptocurrency services, like Bitcoin, are used by hackers
• How the Department of Justice will select members to join NCET
• Why the DOJ is making the push to crack down on ransomware
• What the formation of NCET means for ongoing ransomware cases
• The selection process for NCET’s leader
• The importance of technology audits