Department of Justice to Target Cryptocurrency Websites, Contractors That Fail to Report Cyber Breaches

Department of Justice to Target Cryptocurrency Websites, Contractors That Fail to Report Cyber Breaches
Deputy Attorney General Lisa Monaco speaks in New York in a file photograph. Richard Drew/Pool via Reuters
Zachary Stieber
Zachary Stieber
Senior Reporter
|Updated:

The Department of Justice is launching two new initiatives aimed at targeting cybercriminals who use cryptocurrency and government contractors who fail to report breaches.

The cybersecurity initiative is focused on treating cryptocurrency exchanges more like banks. The exchanges have a responsibility to not help criminals launder money or hide their proceeds, Deputy Attorney General Lisa Monaco said at a virtual summit on Wednesday.

Zachary Stieber
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
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