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Sanction and Stop Ransomware Act of 2021

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Official summary

Version 00 · Introduced in Senate · Aug 5, 2021

Sanction and Stop Ransomware Act of 2021

This bill addresses ransomware threats to national security.

Specifically, the bill

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requires the promulgation of mandatory cybersecurity standards for critical infrastructure entities;

requires the instituting of regulatory requirements for cryptocurrency exchanges operating within the United States to reduce the anonymity of users and accounts suspected of ransomware activity;

deems ransomware threats to critical infrastructure a national intelligence priority component to the National Intelligence Priorities Framework; and

authorizes monitoring of the internet, including the dark web, for evidence of a compromise to critical infrastructure.

The Department of State shall annually

designate as a state sponsor of ransomware any country the government which has provided support for ransomware demand schemes (including by providing safe haven for individuals engaged in such schemes), and

submit to Congress a report listing the designated countries.

The National Intelligence Agency shall submit a report to specified congressional committees on the implications of the ransomware threat to national security.

The Cybersecurity and Infrastructure Security Agency (CISA) shall establish ransomware operation reporting capabilities to facilitate the submission of timely, secure, and confidential ransomware notifications by federal agencies and covered entities to CISA. In addition, CISA shall establish a public awareness campaign related to the cybersecurity services of the government.

The bill also establishes the Information System and Network Security Fund. Any amounts in the fund may be distributed to eligible entities for a specific network security purpose, including to enable network recovery from an event affecting network cybersecurity.

Read the summary on Congress.gov
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Who introduced it

Sen. Rubio, Marco [R-FL] · R–FL

Committees

  • Homeland Security and Governmental Affairs Committee
2 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

  2. Introduced in Senate

Bill text & related measures

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Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.

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