Public and Private Sector Ransomware Response Coordination Act of 2025
Public and Private Sector Ransomware Response Coordination Act of 2025
Plain Language Summary
# Public and Private Sector Ransomware Response Coordination Act of 2025 **What the bill would do:** This bill would require the U.S. Department of the Treasury to study and report on how well the government and private companies work together to respond to and prevent ransomware attacks targeting banks and other financial institutions. Ransomware is a type of cyberattack where hackers encrypt an organization's data and demand payment to restore access.
The bill essentially asks the Treasury Department to assess current coordination efforts and identify any gaps or problems in how different agencies and private sector partners communicate and collaborate during these incidents. **Who it affects:** The bill primarily affects the Treasury Department, which would be responsible for conducting the study, and financial institutions like banks that are vulnerable to ransomware attacks. It could also impact other government agencies involved in cybersecurity and law enforcement, as well as cybersecurity firms that work with financial institutions. **Current status:** The bill (HR 807) was introduced in the 119th Congress by Representative Zachary Nunn, a Republican from Iowa, and is currently in committee, meaning it's under review and has not yet been voted on by the full House of Representatives.
CRS Official Summary
Public and Private Sector Ransomware Response Coordination Act of 2025This bill requires the Department of the Treasury to report on the coordination between the public and private sectors and among government agencies in response to, and for the prevention of, a ransomware attack on a financial institution.
Latest Action
Referred to the House Committee on Financial Services.