FTC's Second Report Highlights Ongoing Battle Against Ransomware for Businesses

FTC Reports Progress in the Ongoing Battle Against Ransomware

The Federal Trade Commission (FTC) has taken a significant step forward in its mission to combat ransomware and other cyberattacks with its latest report to Congress, mandated by the RANSOMWARE Act. Released in February 2026, the report outlines the agency’s continued efforts to strengthen data security and protect consumer interests.

Understanding Ransomware: A Growing Threat

Ransomware attacks have become increasingly prevalent, posing substantial risks to businesses and individual users alike. These nefarious schemes typically involve bad actors locking data or system access until a ransom is paid. The FTC’s 2025 report emphasizes the importance of preventing such attacks, particularly in light of ongoing threats from nations like China, Russia, North Korea, and Iran. With more than 90 successful enforcement actions taken against various cyber threats, the FTC is establishing a robust defense framework.

The FTC's Comprehensive Approach to Cybersecurity

The report highlights various initiatives undertaken by the FTC as part of its data security enforcement program. Key measures include:

• Education Efforts: The FTC is actively educating the public and businesses on best practices for cybersecurity. This involves providing up-to-date information about malware, tech support scams, and how to effectively secure critical data.
• Policy Enforcement: The FTC has successfully negotiated settlements with major companies like GoDaddy and Illuminate Education, thereby reinforcing the need for businesses to adopt stringent data protection measures.
• Public Awareness Campaigns: By issuing alerts and guidance, the FTC is committed to ensuring that consumers are aware of the risks and the necessary precautions they can take to safeguard their information.

What This Means for Businesses Reeling from Cyberattacks

For business brokers and owners, understanding these developments is crucial. Staying informed about regulatory changes and operational guidelines can help companies navigate the challenges posed by cyber threats. The FTC’s emphasis on enforcing compliance and educating the public underscores the reality that businesses must take proactive steps to secure their systems.

The Path Forward: Continual Vigilance Required

As cyber threats evolve, so too must the strategies to combat them. The FTC's ongoing commitment to transparency and accountability ensures that businesses are not only held to standards of data protection but also remain informed on the landscape of cyber threats. Moving forward, collaboration among businesses, law enforcement, and regulatory agencies will be essential in creating a safer digital environment.

The FTC’s 2025 ransomware report is a vital resource for businesses seeking to enhance their cybersecurity measures. Emphasizing education, policy enforcement, and collaboration, the FTC is certainly paving the way for a more secure future.